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NBC Sells Off Stake In A&E Networks

Filed under: TV NewsDisneyBusiness Blitz

NBC sells stake in A&E networks

NBC has officially sold off its 15.8% of A&E Networks — which also includes Lifetime and the History Channel — to Disney and Hearst Corporation.

The transaction cost the buyers $3.03 billion to gain 50-50 control of the television channels, while the sale allows NBC Universal's 51% holder, Comcast, to save up to buy the rest of entertainment company from General Electric.

What does this mean for U?

Not much. We're sure all your favorite programming will continue to air as usual until the ratings start to slide.

U can stop panicking now!

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GE Recalls Dishwashers

Filed under: Advice

ge recalls dishwashers

GE has just recalled 174,000 "Profile" and "Monogram" dishwashers!!

According to the Consumer Product Safety Commission (CPSC), these dishwashers are a fire hazard.

The models in the US manufactured between July 2002 and December 2006, have this issue that causes water to drip onto the electronic control board. This then results in a short circuit.

The CPSC has heard of 5 reports of fires so far, but thankfully no injuries.

Uh Oh!

If you have one of these dishwashers STOP using it and contact GE!!

[Image via AP Images.]

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