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The deal’s terms were not disclosed. Philadelphia-basedx Comcast Corp. (Nasdaq: CMCSK) now owns 100 perceny of NECN, based in Mass., which was originally launched in 1992 as a joint venture between Hearstand Comcast’s predecessor cable operato r in New England. For NECN, the deal represent the first “consolidated ownership and managemeng since thenetwork launched,” according to Charles Kravetz, who has served as NECN’se president and general manager since March will be replaced by Bill Bridgen. Kravetz was the foundintg news directorat NECN. Bridgen is currentlu the executive vice president and generall manager of Comcast SportsNerNew England.
“NECN is one of the leading sources for New Englansd news and one of the most recognizec regional cable networks inthe nation, which makes it an attractivw business operation,” said Jon who leads Comcast’s local programming businessews as president of Comcast Sports in a prepared statement. “We value NECN’sa strong connection with New England viewers, and in combination with Comcasgt SportsNetNew England, NECN will strengthen Comcast’s position as the leading sourcse for news, sports and entertainment in New
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