Comcast, NBCU Form $750M Fund

SAN FRANCISCO, May 26 (Reuters) - Comcast Corp's venture-capital arm has completed its merger with NBCUniversal's Peacock Fund to form a new $750 million fund, underscoring the importance media companies place on finding up-and-coming technologies to drive their core businesses. Comcast Interactive Media President Amy Banse will head the combined entity, Comcast Ventures, which will focus on....

26 May 2011•1 min read
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