What if Microsoft merged with Comcast?

In early-2023, after its acquisition of Activision Blizzard, CNBC reported that Microsoft was in negotiations to merge with Comcast for $87.6 billion. The proposed merger was officially announced the next day, subject to regulatory approval; The combined company would be known as Microsoft Comcast, with combined operations in retail, technology, consumer products, film, television and streaming, would be led by Comcast CEO Brian L. Roberts, with Microsoft founder Bill Gates serving as executive chairman, while Microsoft and Comcast would retain their separate brands. In addition, all films and television programs based on Microsoft properties would be made exclusively available on the Peacock library.

Assets
Microsoft's assets will be merged with Comcast's content production businesses, while NBCUniversal became part of Microsoft Comcast.

Comcast Corporation

 * Comcast Holdings Corporation (or Comcast Holdings)
 * Comcast Cable Communications, LLC (Xfinity)
 * Comcast Business
 * Comcast Interactive Media
 * StreamSage
 * Comcast Cable Holdings, LLC (formerly AT&T Broadband Corporation)
 * Comcast MO Group, LLC (formerly Media One or Bell West)
 * Comcast MO of Delaware, LLC
 * CN900 (Michigan)
 * CN81 (Indiana)
 * Comcast Wholesale
 * Xfinity Mobile
 * Effectv
 * Xfinity Streampix
 * Xumo
 * Comcast Spectacor operating sports and entertainment venues
 * Spectra
 * ComcastTIX
 * G4 (CS DPS Holdings, LLC; G4 Media)
 * Maine Mariners (ECHL)
 * Paciolan
 * Philadelphia Flyers
 * Gritty
 * On the Fly Productions
 * Philadelphia Wings
 * Philadelphia Fusion (CS Philadelphia OW Team, LLC)
 * Wells Fargo Center (Philadelphia)
 * T1 Entertainment & Sports (34% with SK Telecom and Highland Capital)
 * T1
 * In Demand Networks (33.3% with Cox Communications and Charter Communications)
 * Comcast Spotlight (Advertising)
 * Comcast Technology Solutions
 * Comcast Ventures (formerly Comcast Interactive Capital)
 * Headend in the Sky (HITS)
 * FreeWheel
 * Watchwith
 * iMedia Brands Inc. (12.5%)
 * ShopHQ
 * Hitz
 * Leisure Arts
 * Midco (49%)
 * Music Choice LLC (Minority stake with Cox Communications, Charter Communications, Arris International and Sony Corporation of America)
 * Music Choice
 * Sky Group
 * Challenge
 * Pick
 * Sky Arts
 * Sky Atlantic
 * Sky Cinema
 * Sky Comedy
 * Sky Crime
 * Sky Documentaries
 * Sky Max
 * Sky Nature
 * Sky News
 * Sky News Radio
 * Sky News Arabia (50% with Abu Dhabi Media Investment Corporation)
 * Sky Replay
 * Sky Showcase
 * Sky Sports
 * Sky Sports F1
 * Sky Sports News
 * Sky Sports Racing (Joint venture with Arena Racing Company)
 * Sky Box Office
 * Sky Sports Box Office
 * Sky 3D
 * Sky Witness
 * A&E Networks UK (A&E Television Networks (UK) Ltd/BSkyB History Ltd)
 * Blaze
 * Crime & Investigation
 * Sky History
 * Sky History2
 * Nickelodeon UK Ltd (ViacomCBS Networks UK & Australia (60%)/Sky Group (40%))
 * Nickelodeon
 * Nick Jr.
 * Nick Jr. Too
 * Nicktoons
 * Paramount UK Partnership (Paramount Pictures UK/Sky Group (25%))
 * Comedy Central
 * Comedy Central Extra
 * Sky Subscriber Services
 * Sky In-Home Services
 * Sky Home Communications
 * Sports Internet Group
 * British Interactive Broadcasting Holdings
 * Aura Sports
 * Aura Play
 * Sky UK
 * Now (Sky)
 * Sky Broadband
 * The Cloud
 * DTV Services Ltd (Minority stake with Arqiva, BBC, ITV plc and Channel Four Television Corporation)
 * Freeview
 * Sky Go
 * Freesat from Sky
 * Sky Ireland
 * Sky Deutschland
 * Sky Switzerland
 * Sky Italia
 * Sky Q
 * Amstrad
 * Sky Studios
 * Jupiter Entertainment
 * Skybound Stories (Joint venture with Skybound Entertainment)
 * Ginx TV Ltd (Joint venture with ITV plc)
 * Ginx TV
 * Love Productions
 * Transistor Films
 * Znak & Co.

Microsoft

 * Microsoft Gaming
 * Xbox Game Studios
 * 343 Industries
 * Activision Blizzard (joint venture with Universal Interactive)
 * Activision
 * Blizzard Entertainment
 * King
 * Major League Gaming
 * Activision Blizzard Studios
 * Activision Blizzard Consumer Products Group
 * The Coalition
 * Compulsion Games
 * Double Fine Productions
 * The Initiative
 * inXile Entertainment
 * Mojang Studios
 * Ninja Theory
 * Obsidian Entertainment
 * Playground Games
 * Rare
 * Turn 10 Studios
 * Undead Labs
 * World's Edge
 * Xbox Game Studios Publishing
 * ZeniMax Media
 * Alpha Dog Games
 * Arkane Studios
 * Bethesda Softworks
 * id Software
 * MachineGames
 * Roundhouse Studios
 * Tango Gameworks
 * ZeniMax Online Studios
 * GitHub
 * LinkedIn
 * Nuance Communications
 * RiskIQ
 * Skype Technologies
 * GroupMe
 * Xamarin
 * Xandr
 * Xandr Media
 * Xandr Data
 * AppNexus
 * Clypd

NBCUniversal Television and Streaming

 * NBCUniversal Syndication Studios
 * International Media Distribution
 * EMKA, Ltd.

NBC Entertainment


 * National Broadcasting Company
 * NBC Studios

Entertainment Networks


 * E! Studios
 * Wilshire Studios, reality studio
 * Syfy
 * USA Network
 * Bravo
 * E!
 * Oxygen
 * Universal Kids

NBCUniversal Telemundo Enterprises


 * Telemundo
 * Noticias Telemundo
 * Universo
 * Telemundo of Puerto Rico Studios
 * Telemundo Studios
 * Telemundo Global Studios
 * Telemundo Streaming Studios
 * Underground Producciones
 * Telemundo Internacional
 * Telemundo Films

Comcast Spectacor


 * G4 Media
 * G4

NBCUniversal Owned Television Stations


 * Affiliate Relations
 * NBC Owned Television Stations
 * Cozi TV
 * K15CU-D 15 – Salinas
 * KNBC 4 – Los Angeles
 * KNSD 39 (cable 7) – San Diego²
 * KNTV 11 – San Jose/San Francisco
 * KXAS 5 – Dallas/Fort Worth²
 * LXTV
 * NECN
 * WBTS-CD – Boston
 * WCAU 10 – Philadelphia
 * WMAQ 5 – Chicago
 * WNBC 4 – New York
 * WRC 4 – Washington
 * WTVJ 6 – Miami
 * WVIT 30 – Hartford
 * Telemundo Station Group
 * KBLR – Las Vegas
 * KCSO – Sacramento
 * KDEN-TV – Longmont, Colorado
 * KHRR – Tucson
 * KNSO – Fresno
 * KSTS – San Jose/San Francisco
 * KTAZ – Phoenix
 * KTDO – El Paso
 * KTMD – Houston
 * KTMW – Salt Lake City
 * KUAN – San Diego
 * KVDA – San Antonio
 * KVEA – Los Angeles
 * KXTX – Dallas/Fort Worth
 * TeleXitos
 * WKAQ – Puerto Rico
 * WNEU – Boston/Merrimack
 * WNJU – New York
 * WRDM – Hartford
 * WRIW – Providence
 * WRMD – Tampa
 * WSCV – Miami
 * WSNS – Chicago
 * WTMO – Orlando
 * WZDC – Washington
 * Skycastle Entertainment

NBC Sports Group

Main article: NBC Sports Group


 * Golf Channel
 * MLB Network (5.44%) joint venture with Major League Baseball and other providers
 * NBC Olympics, LLC
 * NBC Olympic broadcasts
 * Olympic Channel
 * NBC Sports
 * NHL Network (15.6%) joint venture with National Hockey League
 * SportsEngine
 * Telemundo Deportes
 * NBC Sports Regional Networks
 * NBC Sports Bay Area (45%)
 * NBC Sports California
 * NBC Sports Chicago (20%)
 * NBC Sports Washington
 * NBC Sports Washington+
 * NBC Sports Boston
 * NBC Sports Philadelphia (75%)
 * NBC Sports Philadelphia+
 * SNY (8%) joint venture with Sterling Equities and Charter Communications
 * NBC Sports Films
 * NBC Sports Digital
 * Playmaker Media
 * Allstar Stats LLC.
 * NBC Sports Edge
 * Revolution Golf
 * GolfPass
 * NBC Sports Gold
 * GolfNow
 * NBC Sports Digital Network
 * NBC Sports Ventures LLC.
 * Alli Sports
 * NBC Sports Radio
 * World Long Drivers Association
 * World Long Drive Championships
 * American Century Championship
 * Father/Son Challenge (With IMG)
 * National Dog Show
 * Beverly Hills Dog Show
 * All-American Bowl

Direct-to-Consumer


 * Fandango Media (70%, joint venture with Warner Bros.)
 * Fandango Movieclips
 * Rotten Tomatoes
 * Fandango Latam
 * Movies.com
 * MovieTickets.com
 * Vudu
 * Stakes:
 * Snap Inc.
 * BuzzFeed
 * HuffPost
 * Complex Networks
 * First We Feast
 * Vox Media
 * Hayu
 * Integrated Media Group
 * Peacock
 * Peacock Kids
 * PictureBox Films

NBCUniversal International Networks

Main article: NBCUniversal International Networks


 * Universal TV
 * Latin America (operated and distributed by Ole Distribution)
 * Brazil (joint venture with Canais Globo (50%), distributed by Canais Globo)
 * Turkey
 * Syfy
 * Latin America (operated and distributed by Ole Distribution)
 * Brazil (joint venture with Canais Globo (50%), distributed by Canais Globo)
 * Russia
 * Sci Fi (Poland)
 * Sci Fi (Serbia)
 * Sci Fi (Slovenia)
 * 13th Street
 * 13ème Rue Universal
 * 13th Street (Germany)
 * Calle 13 (Spain)
 * Movies 24
 * Eastern Europe
 * Russia and Moldova
 * Movies 24+
 * E! (Europe)
 * E! (Australia)
 * Studio Universal
 * Latin America (operated and distributed by Ole Distribution)
 * Brazil (joint venture with Canais Globo (50%), distributed by Canais Globo)
 * DreamWorks Channel
 * Telemundo Africa

NBCUniversal News Group
Main article: NBCUniversal Television and Streaming § NBCUniversal News Group


 * CNBC
 * CNBC World
 * CNBC Africa
 * CNBC Asia
 * CNBC Europe
 * CNBC Arabiya
 * CNBC TV18 (joint venture with Network 18)
 * CNBC Awaaz (joint venture with Network 18)
 * Nikkei CNBC (joint venture with The Nikkei and TV Tokyo)
 * SBS CNBC (joint venture with SBS Media Holdings)
 * Class CNBC (joint venture with Class Editori and Mediaset)
 * NBC News
 * MSNBC
 * NBCNews.com
 * NBCUniversal Archives
 * NBC News Studios
 * MSNBC Films
 * NBC News Channel.
 * NBC News Digital Group
 * NBC News International
 * NBC News Now

Universal Studio Group
Main article: NBCUniversal Television and Streaming § Universal Studio Group


 * Universal Television
 * Universal Television Alternative Studio
 * SNL Studios (With Lorne Michaels)
 * Paramount Pictures (1929-1949 library)
 * Universal Content Productions
 * UCP Audio (2020)
 * NBCUniversal International Studios
 * Heyday Television (joint venture with Heyday Films) (UK)
 * Chocolate Media (UK)
 * Lark Productions (Canada)
 * Lucky Giant (UK)
 * Monkey Kingdom (UK)
 * Matchbox Pictures (Australia)
 * NBCUniversal Formats
 * NBCUniversal Global Distribution

Universal Parks and Resorts

 * Universal Orlando Resort
 * Universal Studios Hollywood
 * Universal Studios Japan
 * Universal CityWalk
 * Universal Studios Singapore
 * Universal Creative
 * Universal Beijing Resort

NBCUniversal Film and Entertainment

 * Universal Pictures
 * DreamWorks Pictures
 * DreamWorks Animation
 * DreamWorks Animation Television
 * DreamWorks Classics
 * Big Idea Entertainment
 * Harvey Entertainment (name-only unit)
 * DreamWorks Theatricals
 * DreamWorks New Media
 * DreamWorksTV
 * DreamWorks Press
 * Illumination
 * Illumination Mac Guff
 * Focus Features
 * Amblin Entertainment (minority stake; joint venture with The Amblin Group, Reliance Entertainment, Entertainment One, and Alibaba Pictures)
 * Amblin Television
 * Working Title Films
 * WT2 Productions
 * Working Title Television
 * Carnival Films
 * Universal Animation Studios
 * Universal Pictures International
 * Universal International Distribution
 * Universal Home Entertainment
 * Universal Home Entertainment Productions
 * Universal 1440 Entertainment
 * DreamWorks Home Entertainment
 * DreamWorks Animation Home Entertainment
 * Universal Sony Pictures Home Entertainment Australia (joint venture with Sony Pictures Home Entertainment)
 * Universal Playback
 * Studio Distribution Services (joint venture with Warner Bros. Home Entertainment)
 * UIP Video (joint venture with Paramount Home Entertainment)
 * United International Pictures (50%, joint venture with Paramount Global's Paramount Pictures)
 * Rede Telecine (10%, joint venture with Canais Globo, Disney, Paramount Pictures and Metro-Goldwyn-Mayer)
 * Universal Pictures International Entertainment
 * NBCUniversal Entertainment Japan
 * Paramount Home Entertainment Japan
 * Back Lot Music
 * OTL Releasing
 * Universal Brand Development
 * Universal Interactive
 * Activision Blizzard (joint venture with Microsoft Gaming)
 * Activision
 * Blizzard Entertainment
 * King
 * Major League Gaming
 * Activision Blizzard Studios
 * Activision Blizzard Consumer Products Group
 * Nintendo
 * Nintendo of America Inc.
 * Nintendo Technology Development, Inc.
 * Nintendo Software Technology Corporation
 * Nintendo of Canada Ltd.
 * Nintendo of Europe GmbH
 * Nintendo France
 * Nintendo Benelux B.V.
 * Nintendo Iberica S.A.
 * Nintendo RU LLC
 * Nintendo Australia
 * Nintendo of Korea Co. Ltd.
 * Nintendo Pictures Co., Ltd
 * iQue (China)
 * Retro Studios
 * Next Level Games
 * Nintendo (Hong Kong) Limited
 * Nintendo European Research and Development
 * Nintendo Sales Co. Ltd. (Japan)
 * NDcube
 * 1-UP Studio
 * Monolith Soft
 * Mario Club Co., Ltd.
 * SRD Co., Ltd.

Other assets

 * NBCUniversal International Television Production - This division was created in 2008 with the acquisition of UK production company Carnival Film and TV Limited, the company’s first major strategic move into production outside the US. Since then, NBCUniversal International acquired a second UK production company, Monkey Kingdom. The division is chartered with transforming NBCUniversal International into a leading destination for content creators and to drive profitable organic and acquisitive growth through world class international content with high production values.
 * NBCUniversal International Television Distribution - It is responsible for the distribution of NBCUniversal product to all forms of television and new media outside of the U.S. and Canada. This includes a rich library of more than 4,000 feature films and 55,000 television episodes, including current and classic titles, non-scripted programming, sports, news, long-form and short-form programming, and locally produced content from around the world.
 * NBCUniversal Digital Distribution - It drives the company’s North American distribution of content across the Internet, wireless, and other emerging platforms, and leads content strategy and development for offerings that include video-on-demand, electronic sell-through, interactive television, and wireless products and services.
 * NBCUniversal Television Networks Distribution - It drives the distribution, marketing, and local ad sales for the company’s top-rated content portfolio to all multichannel video programming distributors. Its portfolio includes USA Network, CNBC, Syfy, MSNBC, Bravo, Oxygen, mun2, CNBC World, Chiller, Sleuth, Universal HD, and HD simulcasts. A key revenue generator, the division oversees distribution of the Olympics on cable; retransmission consent for NBC and Telemundo owned stations; and NBCUniversal’s content delivery on broadband, linear, and set-top box platforms with services that include video-on-demand, pay-per-view, and set-top box interactive features.
 * NBCUniversal Cable and New Media Distribution - It is responsible for sales of all NBCUniversal content to both pay and basic cable, as well as new media platforms domestically. This includes all current television and film content from Universal Television, Universal Content Productions, Universal Pictures, Focus Features; various acquired and original content; and NBCUniversal’s vast library of film and television. The division is also responsible for the sale of NBCUniversal content to non-theatrical markets including airlines worldwide.
 * NBCUniversal Domestic Television Distribution - It is responsible for the sales and distribution of NBCUniversal product to all forms of television within the U.S. and Canada. The division develops and produces first-run programming and distributes these shows, along with off-network content, to broadcast syndication.

Divested

 * A&E Networks (15.8%, with The Walt Disney Company and Hearst)
 * A&E
 * Crime & Investigation Network
 * FYI (formerly The Biography Channel)
 * The History Network
 * History en Español
 * Military History Channel
 * Lifetime
 * LMN (formerly Lifetime Movie Network)
 * LRW (formerly Lifetime Real Women)
 * AwesomenessTV: sold in 2018 to Paramount Global
 * CIC Video: Paramount Home Entertainment acquired Universal's stake in the company and absorbed it in 1999
 * Comcast SportsNet Houston
 * Court TV
 * Craftsy (formerly Bluprint): now owned by TN Marketing
 * Das Vierte
 * Euronews (25%) - NBCUniversal sold its stake to other stakeholders
 * Hulu (33%) - sold to The Walt Disney Company in January 2024
 * Hulu Documentary Films
 * ITC Entertainment: acquired as part of Seagram's purchase of PolyGram in 1998, then sold to Carlton Communications in 1999
 * Rogue Pictures: sold to Relativity Media in 2009
 * ShopNBC
 * Sundance Channel
 * TV One (50% joint venture with Radio One)
 * Universal Music Group: retained by Vivendi following the merger of NBC and Universal in 2004, then spun-off in an IPO in 2021
 * Vivendi Universal Games: retained by Vivendi following the merger of NBC and Universal, then merged with Activision in 2008 to form Activision Blizzard
 * The Weather Company – with private equity firms Bain Capital and The Blackstone Group: Originally a parent company of The Weather Channel. In January 2016, it was acquired by IBM.
 * The Weather Channel – with private equity firms Bain Capital and The Blackstone Group: sold to Entertainment Studios.

Dormant or shuttered

 * Amblin Partners (minority stake; joint venture with The Amblin Group, Reliance Entertainment, Entertainment One, and Alibaba Pictures)
 * American Sports Classics
 * Anime Selects
 * AZN Television: TV channel focused on Asian and Asian-American culture; formerly known as International Channel from its foundation in 1996 to 2005; shut down in 2008
 * Bullwinkle Studios (50%, joint venture with Jay Ward Productions): Dissolved February 2022 following transfer of Jay Ward Productions library to WildBrain; NBCUniversal retains rights to all Bullwinkle Studios-era co-productions.
 * Chiller
 * Chiller Films
 * Cloo
 * The Comcast Network
 * Comcast/Charter Sports Southeast (with Charter Communications)
 * Comcast Sports Southwest
 * Esquire Network
 * Fearnet (with Lions Gate Entertainment and Sony Pictures Entertainment)
 * MountainWest Sports Network (controlling stake)
 * NBC Sports Northwest
 * NBC Weather Plus
 * NBCSN
 * NewSport
 * Peacock Productions
 * TOMORROW
 * Sky Vision
 * SportsChannel
 * Station Venture Holdings (79.62% with LIN Media)
 * Style Network (Australia)
 * Television Without Pity: ceased its operations on May 31, 2014; relaunched under Tribune Media in 2016 later closed in 2017
 * Trio
 * Universal Sports Network (8% with InterMedia Partners)
 * USA Cable Entertainment: folded into NBC Universal Television Studio in 2004
 * MCA TV
 * MTE
 * Multimedia Entertainment: acquired by Universal Television in 1996
 * Multimedia Motion Pictures
 * NBC Enterprises
 * NBC International Ltd.
 * PolyGram Television
 * DailyCandy
 * FandangoNow (formerly M-GO)
 * iVillage
 * Seeso
 * Shift
 * Chapman Entertainment: acquired by DreamWorks Animation in 2013
 * Entertainment Rights
 * Carrington Productions International
 * Link Entertainment
 * Tell-Tale Productions
 * FilmDistrict: folded into Focus Features in 2014
 * High Top Releasing
 * Focus World
 * Golden Books Family Entertainment: acquired by Classic Media in 2001
 * CST Entertainment
 * Shari Lewis Enterprises
 * Total Television
 * Good Machine: sold to Universal Pictures and merged into Focus Features
 * Gramercy Pictures
 * October Films: merged into USA Films, which was later merged into Focus Features
 * Optical Programming Associates: joint venture between Magnavox, MCA Videodisc, and Pioneer Video
 * PolyGram Filmed Entertainment
 * Associated Film Distribution
 * PolyGram Pictures
 * Propaganda Films
 * Savoy Pictures: library acquired by Focus Features in 2006
 * Universal Eight
 * Universal TV (British and Irish TV channel)
 * Universal Channel (Asia)
 * UPA: acquired by Classic Media in 2000
 * USA Home Entertainment
 * Walter Lantz Productions: sold to MCA Inc. in 1984
 * 13th Street Australia
 * Diva TV
 * Diva (Asia)
 * E! (Asia)
 * KidsCo (51% with Corus Entertainment)
 * Hallmark Channel International
 * Qubo (with Ion Media, Scholastic Entertainment, Classic Media and Corus Entertainment): children's programming block that launched in 2006, which later launched as a linear channel in 2007. In 2012, NBC and Telemundo discontinued their Qubo blocks after Comcast acquired NBCUniversal. Following the acquisition of Ion Media by the E. W. Scripps Company on January 7, 2021, Qubo ceased operations on February 28, 2021.
 * Premium Movie Partnership (with Sony Pictures Entertainment, Paramount Global, Fox Corporation and Liberty Global)
 * Showtime Australian movie channels
 * Showcase
 * Showtime Greats
 * Steel
 * TV1 General Entertainment Partnership (with Sony Pictures Television and CBS Studios International)
 * TV1
 * SF
 * Wet 'n Wild Orlando: closed on December 31, 2016 and replaced by Volcano Bay.

Changes

 * NBCUniversal will became part of Microsoft Comcast
 * NBCUniversal will acquire a 100% stake in Amblin Partners and fold into Universal Pictures, meaning that DreamWorks Pictures will became part of Universal Pictures, and Amblin Entertainment will now be owned a minority stake by Universal Pictures
 * Universal Pictures will acquire most of pre-2011 DW Studios library from Paramount
 * DreamWorks Home Entertainment will be revived as a label of Universal Pictures Home Entertainment.
 * Universal Interactive will be revived and became part of NBCUniversal.
 * Activision Blizzard will became a joint venture between Microsoft Gaming & Universal Interactive
 * This would allow Universal to get back the ownership of IPs such as Spyro the Dragon and Crash Bandicoot.
 * NBCUniversal via Universal Interactive will acquire Nintendo.
 * NBCUniversal will acquire Starz, Inc.
 * The rights to The Evil Dead, & Ash vs. Evil Dead will now be owned by Universal Pictures & Universal Television
 * NBCUniversal will acquire Gaiam Vivendi Entertainment and fold into Universal Pictures Home Entertainment
 * Microsoft Comcast will acquire Vivendi
 * Vivendi, Groupe Canal+ will and Gameloft will separate into three divisions.
 * Vivendi would became a part of NBCUniversal
 * Groupe Canal+ would became a part of Universal Pictures
 * Gameloft would became a part of Universal Interactive
 * Embassy Pictures Library will be sold to Sony Pictures.
 * The rights to Evil Dead II & Evil Dead (2013 remake) will now be owned by Universal Pictures
 * European home video distribution rights to 550 titles from the Miramax library from 2011 to 2020 will be sold to Paramount
 * Universal Music Group will now be owned a 10% share by NBCUniversal
 * CIC Video will be revived as UIP Video as the international home video distribution joint venture between Universal Pictures Home Entertainment & Paramount Home Entertainment
 * Microsoft Comcast will sell a 33% stake in Hulu to The Walt Disney Company