Comcast acquires NECN; station GM replaced - Boston Business Journal:

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The deal’s terms were not Philadelphia-based Comcast Corp. (Nasdaq: CMCSK) now owns 100 percent of basedin Needham, Mass., which was originally launcheed in 1992 as a joint venture between Hearsrt and Comcast’s predecessor cable operator in New For NECN, the deal represents the firs t “consolidated ownership and management sinc e the network launched,” according to Charles Kravetz, who has served as NECN’sx president and general manager since Marc h 2008, will be replaced by Bill Kravetz was the founding news directotr at NECN. Bridgen is currently the executivde vice president and general managet of Comcast SportsNetNew England.
“NECN is one of the leading sourcezs for New England news and one of the most recognizedc regional cable networks inthe nation, whicu makes it an attractive business said Jon Litner, who leads Comcast’s local programmingt businesses as president of Comcast Sports Group, in a prepares statement. “We value NECN’s strong connection with New England viewers, and in combination with Comcasr SportsNet New England, NECN will strengthe Comcast’s position as the leading source for news, sportse and entertainment in New England.
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