Cosby Reportedly Weighed Purchase of NBC Network : Entertainment: Sources in the industry say he met with NBC’s president but then abandoned the idea.

Entertainer Bill Cosby, who led NBC to the top of the TV ratings in the 1980s with “The Cosby Show,” recently discussed the possibility of buying the network.

Cosby had at least one meeting with NBC President Robert Wright, but he backed away after his financial partners soured on the deal, according to industry sources.

“He thought about the possibility of buying the network, and he made some inquiries,” said one executive who asked not to be named. “But it was a whim, and now it’s dead.”

Cosby declined comment on the report, as did NBC. But one source identified former Fox Chairman Barry Diller as one of Cosby’s backers. Diller, who refused comment, has been mentioned as a possible buyer of NBC several times in the past. Sources say that Paramount Communications has also held discussions with NBC’s parent, General Electric.

GE is rumored to be seeking a buyer for NBC because of the downturn in the network television business. This season, NBC lags behind ABC and CBS in the ratings. The network is valued at $4 billion on GE’s books, but analysts say it is worth about $1 billion less.

One scenario has GE spinning NBC off to its shareholders in a deal that would put Diller at the helm of the network. Paramount has declined comment on reports that it is discussing an outright purchase.

Cosby, whose show aired from 1984 to this year, will reportedly reap as much as $250 million from syndication of the situation comedy series. He now hosts the syndicated game show “You Bet Your Life” and is widely known as one of America’s wealthiest and most popular entertainers. Forbes magazine estimates his net worth at about $300 million.