The National Broadcasting Company (NBC) is an American commercial broadcast television and radio network. It is headquartered in the GE Building in New York City's Rockefeller Center, with additional major offices near Los Angeles and in Chicago. NBC is sometimes referred to as the "Peacock Network", due to its stylized peacock logo, which was originally created for its color broadcasts.
Formed in 1926 by the Radio Corporation of America (RCA), NBC is the oldest major broadcast network in the United States. In 1986, control of NBC passed to General Electric (GE), with GE's $6.4 billion purchase of RCA. GE had previously owned RCA and NBC until 1930, when it had been forced to sell the company as a result of antitrust charges.
Rockefeller Center is a complex of 19 commercial buildings covering 22 acres (89,000 m2) between 48th and 51st streets in New York City, United States. Built by the Rockefeller family, it is located in the center of Midtown Manhattan, spanning the area between Fifth Avenue and Sixth Avenue. It was declared a National Historic Landmark in 1987.
NBCUniversal, Inc. (formerly known as NBCUniversal Media, LLC in 2011, and NBC Universal, Inc. previously) (and also known as NBCU or NBCUni) is an American media and entertainment company engaged in the production and marketing of entertainment, news, and information products and services to a global customer base. The company owns and operates American television networks, numerous cable channels, and a group of local stations in the United States, as well as motion picture companies, several television production companies, and branded theme parks.
NBC Universal was formed in August 2004 by the merger of General Electric's NBC with Vivendi's Vivendi Universal Entertainment. GE and US cable TV operator Comcast announced a buyout agreement for the company on December 3, 2009. Following regulatory approvals, the transaction completed on January 28, 2011. Comcast subsequently owned 51% of NBC Universal while GE owned 49%. Comcast intended to buy out the rest of GE's stake over the following seven years, but nothing happened until February 12, 2013, when Comcast announced its intention to complete the purchase all at once and assume 100% ownership of the company by the end of March. The deal was finalized on March 19, 2013.