Comcast Buys Out Hearst Stake in NECN

Acquires 50% interest it didn't previously own

By Mike Farrell--Multichannel News -- Broadcasting & Cable, 6/18/2009 1:08:50 PM

NECN, the largest 24-hour regional news network with more than 3 million subscribers in all six New England states, was formed in 1992 as a joint venture between Hearst and Comcast's predecessor cable operator in the area, Continental Cablevision. Continental became MediaOne in 1996 and in 1999 MediaOne was purchased by AT&T. Comcast purchased AT&T Broadband in 2002.

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