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Comcast To Finish Buying NBCUniversal For $16.7 Billion

Comcast Corp. said Tuesday it will complete its buyout of NBCUniversal from GE for about $16.7 billion, ahead of schedule. Comcast, the nation's largest cable company, has owned 51 percent of NBCUniversal since their $28 billion merger in 2011.

NBCUniversal owns several familiar news and entertainment brands, including NBC, CNBC, Universal Pictures, Telemundo, USA Network and Universal Parks and Resorts.

"Our decision to acquire GE's ownership is driven by our sense of optimism for the future prospects of NBCUniversal and our desire to capture future value that we hope to create for our shareholders," Comcast Chairman and CEO Brian Roberts in a statement Tuesday.

Comcast also announced that NBCUniversal will buy from GE the properties used by NBCUniversal at 30 Rockefeller Plaza and CNBC's headquarters in Englewood Cliffs, N.J., for about $1.4 billion.

The completion of the buyout "comes several years early, as Comcast takes advantage of low borrowing costs and what CEO Brian Roberts calls a 'very attractive price,' " the Associated Press reported.

"Comcast had planned to take a larger stake in [NBCUniversal] over seven years, paying for it from operating cash," AP said.

"But Roberts told The Associated Press that the sale of its stake in pay TV network A&E and some wireless spectrum gave it plenty of cash on hand. He also says Comcast got a good deal given that the stock price of media conglomerates has been rising."

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A Glimpse Of Listeners' #NPRpoetry — From The Punny To The Profound

It was a simple idea: Would you, our listeners, tweet us poems for National Poetry Month? Your response contained multitudes — haiku, lyrics, even one 8-year-old's ode to her dad's bald spot.
WAMU 88.5

Eating Insects: The Argument For Adding Bugs To Our Diet

Some say eating insects could save the planet, as we face the potential for global food and protein shortages. It's a common practice in many parts of the world, but what would it take to make bugs more appetizing to the masses here in the U.S.? Does it even make sense to try? A look at the arguments for and against the practice known as entomophagy, and the cultural and environmental issues involved.

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A Federal Official Shakes Up Metro's Board

After another smoke incident and ongoing single tracking delays for fixes, U.S. Secretary of Transportation Anthony Foxx announced a shake-up of Metro's board.

NPR

'The Guardian' Launches New Series Examining Online Abuse

A video was released this week where female sports journalists were read abusive online comments to their face. It's an issue that reaches far beyond that group, and The Guardian is taking it on in a series called "The Web We Want." NPR's Audie Cornish speaks with series editor Becky Gardiner and writer Nesrine Malik, who receives a lot of online abuse.

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