Comcast completes acquisition of TechTV

Thanks xStainDx. Comcast Corporation today announced that it has completed the purchase of TechTV from Vulcan Programming, Inc. and, as planned, will merge it with G4, the Comcast-owned television network devoted to video games and the gamer lifestyle. EchoStar Communications Corporation will have an equity interest in the combined entity. Financial terms were not disclosed.

Beginning May 28, the two channels will merge into one network called G4techTV and will be available in approximately 44 million cable and satellite homes nationwide. The merged channel will be headquartered in Los Angeles.

"We are confident that G4techTV will offer value to the many affiliates; advertisers; content partners; and viewers of both G4 and TechTV," said Charles Hirschhorn, CEO of the merged network. "The combined programming lineup will let viewers continue to enjoy their favorite shows while, at the same time, introducing them to new programming. Additionally, we have begun to develop new, exciting original programming that will premiere later this year."

Viewers who have questions about the merger may log onto http://www.g4techtv.com for more information.

News source: G4 Press Release

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