NBC and Time Warner Battle for Weather Channel
Just over a week ago, we wrote about rumors that NBC Universal and a group of investors had won the bidding competition for The Weather Channel. A more recent news report from Reuters suggest it's not over and that Time Warner remains in the game: "[T]he two sides are negotiating for the best contract and the best price," according to the article and the Wall Street Journal had a similar report.
Indications are that this matter will be settled soon. We'll keep you posted.
By Jason Samenow |
June 8, 2008; 12:00 PM ET
Media
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Posted by: Gary Robinette | June 8, 2008 3:28 PM
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As long as the Discovery Channel doesn't buy it, it will probably do fine.