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Reuters: Zucker to lead new Comcast-NBCU venture

Categories: TV Business

Written By

November 10th, 2009

Jeff Zucker

I was so waist deep in the weekly ratings I'm just getting around to seeing this and it looks to be a couple of hours old already.

Reuters is reporting that  General Electric and Comcast have agreed to have NBCU Chairman Jeff Zucker lead the proposed joint venture between  Comcast and NBCU  without any clauses for him to exit after a specified amount of time (it's not planned as a temporary move).

While the two companies have hashed out a lot of details they are still negotiating on the structure of the board of directors.

Once GE and Comcast hash everything out, in addition to needing Vivendi's approval, the deal will need to clear regulatory hurdles.

(64) Comments - Add Yours!

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  1. Maddhatter24d

    Wow….this guy cant be knock down! If your already failing at one venture (NBC) why let him lead another? Only in Television!

  2. My guess is that Mr. Zucker is pleasing the accountants. NBC (the broadcast network) is only one part of NBCU and only one part of even the television side of NBCU. Comcast probably covets all the cable networks under NBCU more than the broadcast net, not to mention the notion of receiving carriage fees from other cable and satellite companies for the NBCU properties rather than paying them monthly. But mostly, for Comcast, I think, it’s an advertising grab. The cable networks are an important part of that strategy.

  3. Andrea

    …Because TV execs fall upwards.

  4. How disgusting.

  5. Dave Samra

    Isn’t this the guy credited with the Jay Leno @ 10pm fiasco??

  6. Give Mr Zucker some credit. The man re-branded a channel as “SyFy” and it worked.

  7. Maddhatter24d

    Robert…I totally understand the overall strategy, but the faith in Zucker to broker it I don’t. Seem to me that NBC is more interested in all things business and less in making good television.

  8. kenny

    NBC

    R.I.P.

    l
    lllllll
    l
    l
    l

    (I don’t know when-2009) LOL

  9. kenny

    No seriously do u guys think this is gonna mean such a big change for the network? I mean programming and stuff

  10. NBC died for me in 2004, when “Joey” and “The Apprentice” were on Thursday nights.

  11. Theoacme

    kenny – Nov 15, 1926 was the birthday of NBC – so NBC died aged 83…

    …cause of death – Silvermanus zuckeritis infection…

    …forensic pathologists: Doctors Quincy, Ross & Rasgotra :(

  12. Clio

    Please, no one fails upwards like Jeff Zucker. It’s awe-inspiring.

  13. jon

    That mug

  14. lainey

    That guy must know where all the bodies are buried-figuratively speaking, of course.

  15. chet

    omg what does it take to get this guy fired….?seriously
    stockholders cant be happy
    like gilligan leading the castaways

    unbelieveable

  16. Theoacme

    …lainey – don’t bet too much on the “figuratively”…

    …doesn’t Zucker remind you of that annoying bald guy with glasses that appeared on a lot of TV in the 70′s and 80′s (Hill Street Blues and M*A*S*H come to mind) – who was that guy…

    …and has he any genetic similarities to Zucker?

  17. R.G

    Jeff Zucker is basically the male version of Dawn Ostroff.

    He’s ruin this venture in the same way if you let a 5 year old run NBC.

  18. Zucker-Could that have anything to do with being inthe TANK.I smell a RAT

  19. Mega64

    I’m all for this if it means Comcast gets bitten in the ass.

  20. Nightstar

    Can’t wait to see how NBC and Comcast flame themselves in the back pockets through this arrangement.

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