NBC Universal: A Media and Entertainment Giant
NBCUniversal, a subsidiary of Comcast, is a global media and entertainment conglomerate. Headquartered in New York City, the company’s origins can be traced back to the merger of General Electric’s NBC and Vivendi Universal’s film and television subsidiary in 2004.
Formation and Ownership
NBCUniversal was formed on May 11, 2004, through the merger of General Electric’s NBC and Vivendi Universal’s film and television subsidiary Vivendi Universal Entertainment. In 2011, Comcast acquired a 51% stake in NBCUniversal, gaining control of the company, while General Electric bought out Vivendi’s remaining stake. Since 2013, NBCUniversal has been a wholly owned subsidiary of Comcast.
Headquarters and Presence
NBCUniversal is headquartered at 30 Rockefeller Plaza in Midtown Manhattan, New York City. The company operates worldwide, serving a global audience.
Divisions and Subsidiaries
NBCUniversal has two significant divisions: the National Broadcasting Company (NBC) and Universal Pictures, a major Hollywood film studio. It also has a significant presence in broadcasting through a portfolio of domestic and international properties, including USA, Syfy, Bravo, E!, Telemundo (Spanish), Universal Kids, the streaming service Peacock, and ownership stakes in Snap and Vox Media.
Key Facts
- Formation and Ownership:
- NBCUniversal was formed on May 11, 2004, through the merger of General Electric’s NBC and Vivendi Universal’s film and television subsidiary Vivendi Universal Entertainment.
- In 2011, Comcast acquired a 51% stake in NBCUniversal, gaining control of the company, while General Electric bought out Vivendi’s remaining stake.
- Since 2013, NBCUniversal has been a wholly owned subsidiary of Comcast.
- Headquarters and Presence:
- NBCUniversal is headquartered at 30 Rockefeller Plaza in Midtown Manhattan, New York City.
- The company operates worldwide, serving a global audience.
- Divisions and Subsidiaries:
- NBCUniversal has two significant divisions: the National Broadcasting Company (NBC) and Universal Pictures, a major Hollywood film studio.
- It also has a significant presence in broadcasting through a portfolio of domestic and international properties, including USA, Syfy, Bravo, E!, Telemundo (Spanish), Universal Kids, the streaming service Peacock, and ownership stakes in Snap and Vox Media.
- NBCUniversal’s Universal Destinations & Experiences division makes it the third-largest operator of amusement parks in the world.
- Sky Group Limited, a sister company under Comcast’s control, holds NBCUniversal’s media and telecommunication assets.
- Revenue and Employees:
- In 2022, NBCUniversal reported a revenue of US$39.2 billion.
- As of 2020, NBCUniversal had approximately 35,000 employees.
NBCUniversal’s Universal Destinations & Experiences division makes it the third-largest operator of amusement parks in the world. Sky Group Limited, a sister company under Comcast’s control, holds NBCUniversal’s media and telecommunication assets.
Revenue and Employees
In 2022, NBCUniversal reported a revenue of US$39.2 billion. As of 2020, NBCUniversal had approximately 35,000 employees.
Sources
FAQs
What does NBC Universal stand for?
NBC Universal is the combination of the National Broadcasting Company (NBC) and Universal Pictures.
Who owns NBC Universal?
NBC Universal is a wholly owned subsidiary of Comcast.
Where is NBC Universal headquartered?
NBC Universal is headquartered at 30 Rockefeller Plaza in Midtown Manhattan, New York City.
What are NBC Universal’s major divisions?
NBC Universal’s major divisions are the National Broadcasting Company (NBC) and Universal Pictures.
What other assets does NBC Universal own?
NBC Universal owns a significant portfolio of domestic and international properties, including USA, Syfy, Bravo, E!, Telemundo (Spanish), Universal Kids, the streaming service Peacock, and ownership stakes in Snap and Vox Media.
How many employees does NBC Universal have?
As of 2020, NBC Universal had approximately 35,000 employees.
What is NBC Universal’s revenue?
In 2022, NBC Universal reported a revenue of US$39.2 billion.