CNBC is a subsidiary of NBC Universal, one of the world's leading media and entertainment companies in the development, production and marketing of entertainment, news and information to a worldwide audience. Established in May 2004 through the combining of NBC and Vivendi Universal Entertainment, NBC owns and operates a valuable portfolio of news and entertainment networks, a premier motion picture company, significant television production operations, a leading television stations group and world-renowned theme parks. NBC Universal is approximately 80 percent owned by General Electric and 20 percent owned by Vivendi. CNBC business news programming is one of the leaders in business news and analysis. Evenings and weekends are devoted to broad-based news, talk and entertainment programming. CNBC is located in Englewood Cliffs, N.J.
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