Comcast to pay $16.7 billion for rest of NBCUniversal in a big bet on the future of TV

by: RYAN NAKASHIMA and MICHAEL LIEDTKE , Associated Press
Updated: February 13, 2013 - 4:24 PM

LOS ANGELES - Comcast's $16.7 billion deal to buy the remaining half of NBCUniversal ahead of schedule represents a resounding vote of confidence in the future of TV, even as the growth of Internet video reshapes the entertainment landscape.

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Comcast to pay $16.7 billion for rest of NBCUniversal in a big bet on the future of TV

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