Analyst King Interview on Comcast-NBC

Dec. 3 (Bloomberg) -- Christopher King, an analyst at Stifel Nicolaus & Co., talks with Bloomberg's Jon Erlichman and Deirdre Bolton about Comcast Corp.'s agreement to start a joint venture with General Electric Co.'s NBC Universal unit. Comcast will merge cable channels worth $7.25 billion with the NBC Universal assets, valued at $30 billion, the companies said today in a statement. Comcast also will contribute $6.5 billion in cash. The cable operator will own 51 percent of the new entity, which Jeffrey Zucker will lead. (Source: Bloomberg)