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Comcast, NBC Deal To Get Regulatory Nod

U.S. federal regulators are set to approve the merger of Comcast and NBC Universal by Jan. 18, 2011.

    U.S. federal regulators are set to approve the merger ofComcastandNBC Universalby Jan. 18, 2011,The Wall Street Journalreports. The officials at theFederal Communications Commissionmay approve the deal with along with a number of conditions.

    Under the proposed conditions, Comcast will not be able to favor its own content over rivals online and cannot make NBC content available solely to Comcast subscribers. Comcast agreed to pay $5.8 billion toVivendiand $7.1 billion toGeneral Electricto acquire 51% NBC Universal, addsFinancial Times.

    Click here for the story fromThe Wall Street Journal.

    Click here for the additional coverage fromFinancial Times.