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Posted at 8:00 PM ET, 07/ 6/2008

It's Official: Weather Channel to NBC

By Jason Samenow

The Associated Press reports NBC Universal and two partners will acquire The Weather Channel for $3.5 billion in cash. In addition to the cable T.V. network, the deal includes and Weather Services International (WSI). WSI operates the Web site, develops television weather graphics and forecasts for private business. The New York Times indicates the deal should close by the end of the year.

By Jason Samenow  | July 6, 2008; 8:00 PM ET
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