News Corp. buys NBC’s stakes in NGC Network
From Bloomberg News
Rupert Murdoch’s News Corp. acquired stakes in National Geographic Channel’s international distribution ventures from NBC Universal.
News Corp. acquired a 25% interest in NGC Network Ltd. and increased its stake in NGC Network International to 75% from 50%, the company said. Terms weren’t disclosed.
The biggest entertainment stories
Get our big stories about Hollywood, film, television, music, arts, culture and more right in your inbox as soon as they publish.
You may occasionally receive promotional content from the Los Angeles Times.
