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Is The NBC Deal Bullish For LionsGate?

On Thursday, General Electric and Comcast announced an agreement that stands as one of the biggest deals in media history.

In a deal valued around $30 billion, GE agreed to sell a controlling interest in NBCU to Comcast -- the largest cable TV operator in the US.

Assuming the transaction meets with regulatory approval – Comcast will end up controlling 51 percent of a newly-formed NBCU, while GE will own 49 percent.

Presumably, the deal creates a media superpower that would control not just how television shows and movies are made, but how they are delivered to the home.

What do these developments mean for content providers in general and LionsGate in particular. Find out from Lions Gate Vice Chairman Michael Burns.

Watch the video now!


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Trader disclosure: On December 3rd, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Najarian Owns (AAPL) Call Spread; Najarian Owns ((BAC) Call Spread; Najarian Owns (INTC) & Short (INTC) Calls; Najarian Owns (DELL) Calls; Najarian Owns (TJX); Najarian Owns (TXN); Najarian Owns (FCX) Call Spread; Najarian Owns (INTC) & (INTC) Calls; Najarian Owns (UAUA) Call Spread

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