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Comcast olympics deal

9/03/2000 08:00:00 PM Eastern

Comcast closed a deal Friday with NBC to carry supplemental cable coverage of the next five Olympic games.

Comcast had been the last major holdout, rejecting the annual $1 per-subscriber surcharge NBC wanted for the extra coverage-279 hours on CNBC and MSNBC-plus rate hikes for the two cable channels and carriage for its home-shopping network, ValueVision.

Comcast's agreement covers all games through 2008 for all 5.7 million Comcast subscribers.

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