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Posted at 08:00 PM ET, 07/06/2008

It's Official: Weather Channel to NBC

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The Associated Press reports NBC Universal and two partners will acquire The Weather Channel for $3.5 billion in cash. In addition to the cable T.V. network, the deal includes weather.com and Weather Services International (WSI). WSI operates the Web site Intellicast.com, develops television weather graphics and forecasts for private business. The New York Times indicates the deal should close by the end of the year.

By  |  08:00 PM ET, 07/06/2008

Categories:  Media

Next: PM Update: Staying humid with a greater shower and storm threat Tuesday

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