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Former NBCU Chairman Says Now Is Not The Time For An IPO

It isn’t his problem anymore but former NBC Universal (NYSE: GE) Chairman and CEO Bob Wright has a few thoughts on whether Vivendi (EPA: VIV) will end up getting out its stake in NBCU and if a Comcast-GE will go through. Full Article at paidContent.org

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  1. Overall, GE’s profit is off 30 percent year to date, 45 percent in third quarter. Full Article at The Wrap

  2. Bearish observers of GE believe unrealized losses in GE Capital and expected tougher capital requirements from regulators will mean GE will need to raise a substantial amount of cash at some point, either by issuing equity or through unit sales, or... Full Article at The Street

  3. UPDATE: Good news about NBC Universal in GE's poor 3rd-quarter earnings report today which showed that overall profit fell 45% at the parent company and revenue missed forecasts. GE shares were sent tumbling 5% this morning as a result. Full Article at Deadline Hollywood Daily

  4. Vivendi would like to make NBC Universal as expensive as possible. Full Article at New York Post

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  1. NEW YORK - SEPTEMBER 23: Eli Broad, founder the Eli and Edythe Broad Foundation (L), Ted Turner, Chairman of Turner Enterprises Inc.
  2. Bob Wright, of White House, Tenn. , looks at DVDs as he shops at the Annual International UFO Congress Convention Convention & Film Festival in Laughlin, Nev. , Thursday, Feb. 26, 2009. Late last month, the group gathered in this desert casino town to discuss the truth they believe is out there.
  3. Bob Wright (L), Vice Chairman of General Electric and his wife Suzanne Wright (R)  arrive at Time Magazine's 100 Most Influential People in the World dinner on May 8, 2008 in New York. The Wrights are 2008 honorees as founders of 'Autism Speaks'.
  4. "American Idol" host Ryan Seacrest listens during Comcast CEO Brian Robert's keynote address at the Consumer Electronics Show in Las Vegas, Nevada in this January 8, 2008 file photo.
  5. LOS ANGELES, CA - MARCH 04: MTV Network's Doug Herzog, moderator Rod Perth, Comcast's Jeff Shell, Disney Channel's Rich Ross and Crown Media Holdings' Henry S. Schleiff attend the HRTS Cable News Chiefs Newsmaker luncheon held at the Hyatt Regency Century Plaza Hotel on March 4, 2009 in Los Angel...
  6. PITTSBURGH - MAY 10:  (L-R) President and C.O.O. of Comcast-Spectacor Peter Luukko, Assistant General Manager Barry Hanrahan and General Manager Paul Holmgren of the Philadelphia Flyers watch the off day skate of the NHL Eastern Conference Playoffs at the Mellon Arena May 10, 2008 in Pittsburgh,...
  7. WASHINGTON - MAY 06:  Walter McCormick, president and CEO of United States Telecom Association, testifies at a House Telecommunications and the Internet Subcommittee hearing about the 'Internet Freedom Preservation Act of 2008,' in the Rayburn House Office Building on Capitol Hill, May 6, 2008 in...
  8. WASHINGTON - MAY 06:  Steve Peterman, executive producer of 'Hannah Montana,' representing the Writers Guild of America West, testifies at a House Telecommunications and the Internet Subcommittee hearing about the 'Internet Freedom Preservation Act of 2008,' in the Rayburn House Office Building o...
  9. COLLEGE PARK, MD - FEBRUARY 11:  Democratic presidential hopeful Sen. Barack Obama (D-IL) addresses a campaign rally in the Comcast Center at the University of Maryland February 11, 2008 in College Park, Maryland.

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