[BC] Re: Bye, Bye NBC
Rich Wood
richwood at pobox.com
Sun Oct 14 08:35:37 CDT 2007
------ At 11:09 PM 10/13/2007, Robert Reymont wrote: -------
>GE bought it some years ago!! Who thought GE would want to own a
>TV Network? There is always someone out there who will buy it...
>maybe a private equity group??
I worked for the original GE Broadcasting in Boston. They were deeply
involved in running stations and manufacturing equipment. They sold
it off only to get back in later. Randy Bongarten was charged with
selling it off twice. Then they bought NBC.
I suspect they'll get rid of NBC. The company approach is to dominate
an industry or get out.
Rich
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