That's the ludicrous party line being peddled by G.E., which owns NBC.
General Electric owns NBC, and under Government regulations could not also own a major television programmer like Paramount, these people said.
G.E., which has owned NBC since 1986, has seen the network decline in almost every area.
General Electric Company, which owns NBC, has repeatedly said its network is not for sale.
Stock in the General Electric Company, which owns NBC, rose $1.625 a share, to $68.375.
But General Electric, which owns NBC, rose 50 cents, to $47.50.
The deal could give General Electric, which owns NBC, a big stake in Westwood One.
"If you could own NBC and the WB," he said, "you'd have a really powerful multiplex."
General Electric, the company that makes light bulbs and engines on fighter jets, owns NBC.
With General Electric already owning NBC, do we need it running the White House, too?