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The Weather Company was previously owned by a consortium made up of the Blackstone Group, Bain Capital, and NBCUniversal. That consortium sold the Weather Company's product and technology assets to IBM on January 29, 2016, but retained possession of The Weather Channel cable network until March 2018, when it was sold to Entertainment ...
Oct 28, 2015 · “The Weather Channel will continue to be owned and supported by our existing shareholders — Bain Capital, Blackstone and NBCUniversal — and operate as a standalone business,” said Dave Shull,...
Aug 22, 2023 · That linear TV network, The Weather Channel, was sold by Blackstone, Bain and NBCUniversal to media mogul Byron Allen’s Entertainment Studios in 2018 for around $300 million.
Jan 29, 2016 · IBM has finalized an agreement to acquire the Weather Channel’s product and technology business. The Weather Channel’s cable network will continue to be a separate entity owned by NBCUniversal,...
IBM bought The Weather Company in 2016 from NBCUniversal,the Blackstone Group and Bain Capital. The Weather Channel's cable network remained with those sellers until 2018, when it was...
Oct 28, 2015 · “The Weather Channel will continue to be owned and supported by our existing shareholders — Bain Capital, Blackstone and NBCUniversal — and operate as a standalone business,” Dave Shull, CEO...
Ropes & Gray represented Bain Capital and The Blackstone Group in the planned sale of The Weather Company’s B2B, mobile and cloud-based web properties to IBM. These properties include The Weather Company’s global B2B division WSI, weather.com, Weather Underground and The Weather Company brand.
