Comcast to start new minority-owned cable channels

Comcast said Thursday Dec. 3, 2009 it will put up $6.5 billion in cash and $7.25 billion in assets to buy 51 percent of NBC Universal from General Electric Co.

February 21, 2012 10:24:08 AM PST
Comcast will launch four minority-owned networks on its cable-TV systems in the next two years, including channels spearheaded by music mogul Sean "P. Diddy" Combs and NBA great Magic Johnson.