Acquisition Part of Big Move

The Weather Channel is the third most-distributed cable network,NBC Universal CEO Jeff Zucker noted.NBC-U has worked with co-acquirer The Blackstone Group before-on its Orlando theme parks.They have a lot of history with them,Mr.Zucker said.Launched on May 2,1982,The Weather Channel reaches 96 million homes.They have been great in their space,have owned their space for a long time.We're just thrilled they're a part of the NBC family,Mr.Zucker enthused.Although NBC remains an important part of NBC-U,there's been a big move-we've really moved to become a cable network company.The real strength of the company has become the cable portfolio,and that's going to continue in the years ahead,Jeff Zucker predicted.