Friday, October 09, 2009

Vivendi Opens Door to Comcast NBC Universal Deal

I recently wrote about Comcast's hope to purchase a controlling interest of 51% in media giant NBC Universal. I also wrote about why Comcast is looking to make this move -- and the ramifications to the online distribution of "TV" content and other rich media if this were to happen.

Well, a major impediment to that deal -- i.e., Vivendi's current 20% stake in NBC Universal -- is now clearing, with Vivendi signaling that it is, in fact, willing to sell its stake. The next major hurdle to Comcast's mission is valuation -- i.e., what price tag to put on NBC Universal.

And, you can bet that Comcast will clear that hurdle and continue to aggressively march forward with its IPTV vision.