NBC Sports moving to Connecticut

By STEPHEN SINGER
HARTFORD — NBC Sports will move from New York City to Stamford to take advantage of tax breaks, adding to a growing film and TV presence in the southwestern Connecticut city, a state official said Friday.

The official told The Associated Press that the deal would be part of Gov. Dannel P. Malloy's signature development program. The official spoke on condition of anonymity because Malloy and Democratic leaders of the legislature hope to announce a deal next week.

Chris McCloskey, a spokesman for NBC Sports, and a spokeswoman for Malloy declined to comment.

NBC Sports and the legislature still have to finalize details on the tax credits. The deal could bring hundreds of jobs, the official said.

Malloy's initiative is intended to consolidate various tax credits to draw five businesses that invest $25 million in Connecticut and create a total of 1,000 jobs over five years.

So far, he has struck deals with insurer Cigna, ESPN and the online ticket exchange TicketNetwork Inc. The three companies already operate in Connecticut, but Cigna agreed to move its headquarters from Philadelphia. Malloy said in August when the ESPN deal was announced that negotiating to bring companies from outside Connecticut is more complicated because office and manufacturing space must be acquired.

Beginning in the 1970s, Stamford began drawing corporations from New York City, just 35 miles to the south. More recently, it has branched out into entertainment, luring production companies with lower taxes and more space than producers can find in New York.

Entertainment companies in Stamford include World Wrestling Entertainment Inc., TV productions featuring Jerry Springer, Steve Witkos and Maury Povich, and the sports network Versus.

"We have a real cluster and it's growing," said Kevin Segalla, chief executive of the Connecticut Film Center, a Stamford company that provides production and financial services and facilities for the film and TV industries.

 

A lot of big companies have ties to Stamford. Xerox was headquartered there for years. Pitney Bowes is there as well as Buffett's General Re insurance co.

 

They needed to do something after the Dunder-Mifflin branch closed.

Isn't Vs. already out of Stamford? Makes sense they would do this then.

 

I wonder if the McMahon family will be over soon with baked cookies to welcome them to the neighborhood.

 

No biggie. Stamford is basically a NYC suburb that just happens to be in a different state. No different from the Giants moving to New Jersey.

 

Does that mean Football Night in America will be coming to you from Stamford or is it pretty much just a paper shuffle and move some offices around?

 

Didn't Peter King just move from Boston to Manhattan to be closer to the NBC studios? Man, that would suck if NBC then moves the studio to Stamford, too. So much for walking to work, PK.

 

I thought NBC owns Vs?

 

I wonder if they'll take a staff trip to see a Maury taping.

*hustling a resume to NBC Sports*

 

Yes, NBC and Versus are the same. Versus will officially become part of NBC Sports in January and its website already is switched.

That's what the story above says:

Entertainment companies in Stamford include World Wrestling Entertainment Inc., TV productions featuring Jerry Springer, Steve Witkos and Maury Povich, and the sports network Versus.

 

"Live from within driving distance of New York - It's Saturday Night!!!!