After that comes a bunch of other asset managers and pension funds. They don’t own 80% like GE did but it’s already enough for shareholder activism so that’s a conflict of interest for NBC, and they’re not special, the same is true for basically any of the mass media companies.
NBC is not owned by GE
https://en.m.wikipedia.org/wiki/NBCUniversal
Sorry you’re right. I’m super old back in the day that was true though.
They’re owned by Comcast now whose largest shareholders are Vanguard and Blackrock: https://www.marketscreener.com/quote/stock/COMCAST-CORPORATION-4864/company-shareholders/
After that comes a bunch of other asset managers and pension funds. They don’t own 80% like GE did but it’s already enough for shareholder activism so that’s a conflict of interest for NBC, and they’re not special, the same is true for basically any of the mass media companies.