Much Ado Over Fox News Channel: Can NBC News buy the Fox News Channel?
NBCUniversal's new logo. © 2017 NBCUniversal, a Comcast company On Quora, Rich Madhok asks Can NBC News buy the Fox News Channel? No. NBC News cannot buy the Fox News Channel. Here’s why: NBC News is not now, and never was, an independent entity capable of purchasing any of its competitors. It started out as the news division of the National Broadcasting Company back in the days of radio. (Fun fact: Until 1943, NBC had two networks: NBC Blue and NBC Red. In 1943, RCA spun-off NBC Blue and sold it to Edward J. Noble’s American Broadcasting Service. which renamed the Blue Network as the American Broadcasting Company.) The National Broadcasting Company itself is not an independent company; it’s now part of NBCUniversal, which in turn is owned by Comcast. Comcast is not interested in acquiring another news channel; it already owns NBC News (over the air), MSNBC, and CNBC. It does not need Fox News Channel, nor does it desire to acquire Fox News Channel in order ...