National Broadcasting Co., Inc. (extinct)

National Broadcasting Co., Inc. (extinct)

National Broadcasting Co., Inc. (extinct)

Overview
Headquarters

30 Rockefeller Plaza,New York, NY 10112

Type of Company

Private

Industries

Electrical Products
Cable, Satellite, and Radio Telecommunications
Entertainment

Company Description

An industry pioneer for more than 75 years, the National Broadcasting Company was founded in 1926 by General Electric, RCA, and Westinghouse. RCA became the sole owner of NBC in 1932. In 1986, RCA was purchased by General Electric, which today wholly owns and operates NBC. Starting off as a radio network in the 1920s, NBC evolved into a television broadcaster in the 1940s. Today, NBC is a diverse, international media company. In addition to the NBC Television Network and the NBC Television Stations Division, the company owns CNBC, which is the global leader in business news, reaching 175 million homes worldwide. In April 2002, NBC purchased Telemundo, the second-largest U.S. Spanish-language television network, and in December 2002, the company added the Bravo cable network to its portfolio. In partnership with Microsoft, NBC operates MSNBC, which is a leading cable-news channel and the world's preeminent news site on the Internet. NBC's operations include additional investment and programming activities, including CNBC Europe and CNBC Asia Pacific; equity investments in the Arts & Entertainment Network, the History Channel, and ValueVision, Inc. (ShopNBC); and a non-voting interest in Paxson Communications Corporation. Setting industry standards in technology and programming since its inception, NBC is a network of "firsts": the first permanent broadcasting network in the nation; the first U.S. coast-to-coast radio broadcast (the 1927 Rose Bowl); the first license for a commercial television station, now WNBC, in 1941; the first to offer an early-morning news program, in 1952; the revolutionary first color telecast, in 1953; the first made-for-television movie, in 1964; the first to broadcast in stereo, in 1984; and the first major television network to launch a full-scale Web offering, NBC.com, in 1995. Employing more than 7,000 people worldwide, NBC produces hundreds of hours of programming a week and reaches viewers in more than 100 countries on six continents. NBC programs have been honored with nearly a thousand Emmy Awards (more than any other network) and more than 100 Peabody Awards.

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National Broadcasting Co., Inc.
Recent Transactions
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General Electric Company, National Broadcasting Co., Inc. purchase Vivendi Universal Entertainment LLP from Vivendi SA

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General Electric Company, National Broadcasting Co., Inc. purchase Wpxb TV Channel 60

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General Electric Company, National Broadcasting Co., Inc. purchase Kntv, Inc. from Granite Broadcasting Corporation

Transaction Advisors
Accountant

Advised onGeneral Electric Company, National Broadcasting Co., Inc. purchase KNSD & WVTM from New World Communications Group, Inc.

Legal Advisor

Advised onGeneral Electric Company, National Broadcasting Co., Inc. purchase KNSD & WVTM from New World Communications Group, Inc.

Legal Advisor

Advised onGeneral Electric Company, National Broadcasting Co., Inc. purchase Telemundo Group LLC from Liberty Media Corp. (Inactive), Sony Corp.

Associate

Advised onGeneral Electric Company, National Broadcasting Co., Inc. purchase Vivendi Universal Entertainment LLP from Vivendi SA

Associate

Advised onGeneral Electric Company, National Broadcasting Co., Inc. purchase Vivendi Universal Entertainment LLP from Vivendi SA

Legal Advisor

Advised onGeneral Electric Company, National Broadcasting Co., Inc. purchase Vivendi Universal Entertainment LLP from Vivendi SA

Advisors & Consultants
Legal Advisor

Partner at Sidley Austin LLP

Advisor

General Partner at Great Point Media Ltd.

Real Estate Agent

President at TheSquareFoot, Inc.

Non-Profit Donations & Grants
Investments
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Loudeye Corp. distributes, manages, and promotes digital media services. The company's services include application development, content acquisition, archiving, fulfillment, and distribution. The company also offers services for encoding media content and metadata content creation. Loudeye was founded in 1997 and is located in Seattle, WA.

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