NBC wants exclusive negotiating rights for Vivendi Universal Entertainment

Posted Friday, August 22, 2003 5:24 AM | Contributed by Jeff

Front-runner NBC, a unit of General Electric, is trying to hammer out enough of a basic deal to win exclusive negotiation rights before Vivendi's board meets Tuesday, sources close to the talks say. That would cut the legs from under the other two bidders left for Vivendi Universal Entertainment: an investor group led by Edgar Bronfman Jr. and John Malone's Liberty Media.

Read more from USA Today.

Friday, August 22, 2003 7:46 AM
janfrederick's avatar Next thing you know, GE will start manufacturing rides...they probably already make a lot of the components that go into them. ;)

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"I go out at 3 o' clock for a quart of milk and come home to my son treating his body like an amusement park!" - Estelle Costanza

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Friday, August 22, 2003 12:53 PM
kpjb's avatar Yeah, really... never thought of that aspect. They make drives, motors, relays, programmable controllers... all they need is someone to bend steel for them, and they probably make something to do that, too.

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Rejection is one thing, but rejection from a fool is cruel!
-Morrissey

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Friday, August 22, 2003 7:04 PM
Why not? They already have all the heavy metal fabricating equipment. They've been building diesel-electric locomotives for several decades now.
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Saturday, August 23, 2003 7:12 AM
Why does every major broadcast network owner also have to own a theme park? Viacom (CBS) owns the Paramount parks and then of course there's Disney.

Bigger question: When is Fox going to make a bid for Six Flags?

-CO

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The CPlaya 100--6 days, 9 parks, 47 coasters, 2037 miles and a winner.....LoCoSuMo.

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Tuesday, August 26, 2003 7:24 PM
Never. Not even FOX would stoop that low!

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- John
Homepark: Cedar Point
Home-away-from-homepark: Paramount's Kings Island

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