Bloomberg News

Comcast’s NBC Plans to Build West Coast TV News Headquarters

January 05, 2012

(Updates with previous plans in third paragraph.)

Jan. 4 (Bloomberg) -- Comcast Corp.’s NBC Universal plans to create a new Los Angeles headquarters for its West Coast television news operations.

The 150,000-square-foot facility, scheduled to be completed in 2013, will be built on the Universal Studios lot and include newsrooms, production studios and a distribution center, New York-based NBC Universal said today in an e-mailed statement.

Consolidating newsrooms for NBC News, Telemundo, KNBC Channel 4 and Spanish-language KVEA Channel 52 will allow the operations to share resources and collaborate better, the company said. The facility replaces earlier plans by Thomas Properties Group Inc. to build a new broadcast center.

“The L.A. bureau is so vitally important to this news division,” Steve Capus, president of NBC News, said in the statement. “The increased coordination with our KNBC family will ensure that we are positioned smartly and strategically for the future.”

Comcast, based in Philadelphia, gained about 1 percent to $24.73 today in New York trading. The company owns 51 percent of NBC Universal, with Fairfield, Connecticut-based General Electric Co. holding the rest.

--Editors: Stephen West, Rob Golum

To contact the reporter on this story: Andy Fixmer in Los Angeles at afixmer@bloomberg.net

To contact the editor responsible for this story: Anthony Palazzo at apalazzo@bloomberg.net


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