Pitch and Ship » NBC Universal http://pitchandship.com News about direct response, network television and affiliated e-commerce Thu, 02 Feb 2012 21:01:07 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 NBC Universal to Continue Holding Common Stock in ShopNBC http://pitchandship.com/2010/06/24/nbc-universal-to-continue-holding-common-stock-in-shopnbc/ http://pitchandship.com/2010/06/24/nbc-universal-to-continue-holding-common-stock-in-shopnbc/#comments Thu, 24 Jun 2010 13:17:56 +0000 admin http://pitchandship.com/?p=2001 [...]]]> ShopNBC today announced that NBC Universal, Inc. — one of its largest shareholders — has decided not to pursue its offering of 6,452,194 common shares in the company at this time due to unfavorable, prevailing prices.  NBC Universal, Inc. currently holds a 20 percent stake in ValueVision Media Inc., the owner of ShopNBC.  Bloomberg Businessweek ShopNBC Press Release Jun. 24, 2010

]]> http://pitchandship.com/2010/06/24/nbc-universal-to-continue-holding-common-stock-in-shopnbc/feed/ 0 ShopNBC Contributes to $215 NBC Universal Write-Down http://pitchandship.com/2009/01/23/shopnbc-contributes-to-215-nbc-universal-write-down/ http://pitchandship.com/2009/01/23/shopnbc-contributes-to-215-nbc-universal-write-down/#comments Fri, 23 Jan 2009 21:21:41 +0000 admin http://pitchandship.com/?p=487 [...]]]> NBC Universal Inc., the media subsidiary of General Electric Company, contributed $865 million in operating profit in the fourth quarter, down 6 percent from a year ago.  Revenue fell 3 percent to $4.43 billion from $4.55 billion during the period.  ShopNBC and the Ion television network were two of the investments contributing to the NBC Universal write-down.  Associated Press on Forbes.com Jan. 23, 2009

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