By Anne Thompson | Thompson on Hollywood April 24, 2009 at 7:54AM
As the reeling economy puts more pressure on Hollywood's giant conglomerates, and the Internet looms as the ultimate unknown devaluator, The Daily Beast's Kim Masters reports that at some point in time, whether it's sooner or later, General Electric will be forced to unload NBC Universal--no matter how well it's doing--and that Time Warner's Jeffrey Bewkes might not be able to resist buying it:
The main lure for Time Warner meanwhile, would be NBC Universal‚Äôs cable channels: USA, Bravo, Sci-Fi, and CNBC. Those would go nicely with Time Warner‚Äôs HBO, TNT and TBS. And while no one‚Äôs getting rich off news, CNN and NBC News could make a strong combination. Universal Pictures, on the other hand, would likely be folded since Time Warner‚Äîwhich owns Warner Bros.‚Äîhas no need for another film studio. Yes, that would truly be the end of an era. But industry veterans believe that there‚Äôs every reason to expect a number of eras to end in the foreseeable future in the entertainment world, just as big names are vanishing in other industries.