• By Nicholas Carlson
    May 30, 2008 11:20 AM 263
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    NBC Universal buys Weather Channel
    read more: #acquisitions, #weatherchannel, #weathercom, #clips, #nbc, #nbcuniversal, #valleywag

    Report: NBC Universal and private equity bid $3.5 billion for Weather Channel and Weather.com

    Joining with private equity firms Blackstone and Bain Capital, NBC Universal bid $3.5 billion to acquire the Weather Channel and Weather.com. The cable channel is available in 97 percent of all cable TV home and has 96 million U.S. subscribers. With its local coverage and the always popular schadenfreude-laced disaster porn excerpted in the video above, Weather.com can claim a "people count" of 19 million in the U.S., according to Compete.


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