When was Universal Pictures acquired by Comcast?
Acquisition of NBC Universal by Comcast
On January 18, 2011, the FCC and the United States Department of Justice approved the acquisition.
United Artists
UA originally leased the home video rights to its films to Magnetic Video, the first home video company. Fox purchased Magnetic in 1981 and renamed it 20th Century-Fox Video that year. In 1982, 20th Century-Fox Video merged with CBS Video Enterprises (which earlier split from MGM/CBS Home Video after MGM merged with UA) giving birth to CBS/Fox Video. Although MGM owned UA around this time, UA's licensing deal with CBS/Fox was still in effect. However, the newly renamed MGM/UA Home Video started releasing some UA product, including UA films originally released in the mid-80s. Prior to MGM's purchase, UA licensed foreign video rights to Warner Bros. through Warner Home Video, in a deal that was set to expire in 1991. In 1986, the pre-1950 WB and the pre-May 1986 MGM film and television libraries were purchased by Ted Turner after his short-lived ownership of MGM/UA, and as a result CBS/Fox lost home video rights to the pre-1950 WB films to MGM/UA Home Video. When the deal with CBS/Fox (inherited from Magnetic Video) expired in 1989, the UA released films were released through MGM/UA Home Video.