The Weather Channel (IBM Watson Weather)
PE-OwnedBain Capital, Blackstone, and NBC Universal acquired The Weather Channel for $3.5B in 2008. The company struggled with debt and cord-cutting. IBM acquired the data business in 2016 for $2B; the TV channel was sold to Entertainment Studios.
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Ownership Information
The Weather Channel (IBM Watson Weather) is owned by Bain Capital. Private equity ownership often leads to cost-cutting, price increases, and reduced quality of service as firms prioritize returns for investors over customers and employees.Learn more about PE ownership impact →
Timeline
1982
The Weather Channel (IBM Watson Weather) founded
2008
Acquired by Bain Capital for $3.5B
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