BOSTON (Reuters) - General Electric Co's sale of a majority stake in its NBC Universal media arm to Comcast Corp marks a big step forward in what could be a time of significant restructuring at the ...

NEW YORK, Nov 13 (Reuters) - General Electric Co and Comcast Corp have agreed on the structure of the board for the proposed joint venture with NBC Universal, a person familiar with the matter said.

The NBC network ranks fourth in ratings and is cutting down on scripted shows to save money reflected in its heavily promoted move of comedian Jay Leno to the 10 p.m. slot. That's a contrast to NBC's ...