Comcast and GE in $16.7 Billion Deal for NBCUniversal

Stocks are edging higher in the early going after strong U.S. earnings and General Electric's sale of its remaining NBCUniversal stake. 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

NBC Chief Jeff Zucker Out Ahead of Comcast Merger

Jeff Zucker, the former producer who rose to become chief of NBC Universal, is leaving the company ahead of its impending merger with cable giant Comcast. Zucker said he made the decision because NBC Universal's new owners "deserve the chance to implement their own vision."