WebProNews

NBC Universal Acquires The Weather Channel

NBC Universal along with private equity companies Bain Capital and Blackstone Group have reached a deal to acquire The Weather Channel from Landmark Communications.Financial details of the purchase were not released but sources close to the matter said the price was $3.5 billion. Landmark Communications was originally seeking $5 billion for the business.

Hitwise Comments On Weather Channel Sale

When word spread that The Weather Channel and Weather.com might sell for $5 billion, we duly reported the news.  We did not, however, laugh at the number - never mind how many automobiles, houses, or whatever else $5 billion would buy - and now there's additional data about how it may make sense.

Weather Channel, Site Could Go On Auction Block

When Business.com sold for $350 million, quite a few people did a double take.  Weather.com may have been tagged with an asking price of $5 billion, however, which puts that number to shame.  Although buyers will get The Weather Channel, too.

MySpace, Weather Channel Make Friends

When I’m feeling surrounded by bad sitcoms, stupid movies, and unimportant news, I can (assuming I don’t grab a book or turn to my computer) count on The Weather Channel to provide me with a reliable viewing experience.  And now MySpace users can count on a sort of online equivalent.

The Weather Channel Enters Second Life

The Weather Channel has become the latest company to announce the creation of a virtual headquarters in the popular virtual world Second Life. "Weather Island" will be available to gamers starting today. The island will be the headquarters for The Weather Channel and offer an extreme sports park as well as a destination to screen episodes of the new program "Epic Conditions."