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The deal’s terms were not disclosed. Philadelphia-based Comcast (Nasdaq: CMCSK) now owns 100 percent of basedin Needham, Mass., which was originally launched in 1992 as a jointt venture between Hearst and Comcast’se predecessor cable operator in New England. For NECN, the deal representws the first “consolidated ownership and managemenf since thenetwork launched,” according to Comcast. Charles who has served as NECN’ws president and general manager sinceMarcjh 2008, will be replaced by Bill Kravetz was the founding news director at NECN. Bridgen is currently the executiv e vice president and general manager of Comcasrt SportsNetNew England.
“NECN is one of the leadinv sources for New England news and one of the most recognizef regional cable networks in the which makes it an attractivesbusiness operation,” said Jon who leads Comcast’s local programming businesses as presidenty of Comcast Sports Group, in a preparee statement. “We value NECN’s strong connectionh with New England viewers, and in combinatiojn with Comcast SportsNet New NECN willstrengthen Comcast’s position as the leadinvg source for news, sportes and entertainment in New
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