TVBizWire

Zucker: We’re a Cable Company WSJ

NBC Universal CEO Jeff Zucker said that with 60% of its profits coming from cable, "we're at our core a cable company," the Wall Street Journal reports. NBC Universal would be interested in buying more cable channels if they became available, said Zucker, speaking at a conference. Zucker also said NBC Universal's broadcast network needs to cut programming costs because it can’t make as much money off repeats with shows appearing online on services like Hulu, according to the paper.
—Jon Lafayette

Comments (4)

Valerie:

NBC programs like a cable company--that's a problem with their broadcast network.

Loved this part..."NBC Universal's broadcast network needs to cut programming costs because it can’t make as much money off repeats with shows appearing online on services like Hulu...." DUH! All the studios and networks are shortening the life cycles of all their programming, squeezing revenues out quicker and quicker, and are all cannibalizing themselves and their program assets in the process. Anyone ever heard of playing hard to get?

Loved this part..."NBC Universal's broadcast network needs to cut programming costs because it can’t make as much money off repeats with shows appearing online on services like Hulu...." DUH! All the studios and networks are shortening the life cycles of all their programming, squeezing revenues out quicker and quicker, and are all cannibalizing themselves and their program assets in the process. Anyone ever heard of playing hard to get?

uhm hello? NBC is at least part owner of Hulu. Zucker is delusional or he thinks we're too stupid to see what he's been doing: sabotaging his own network so that he can justify turning it into a pay cable network thus making twice as much money. Guess what? Then their decent shows will come back but not until then. Good news? Even a tv junkie like me is able to 'just say no' to NBC as long as Zucker is in charge. Poor Jay Leno.. the sap is stuck on a dying network not realizing he's cannon fodder for Zucker's demolition team. You can read the headline now: "Even Leno Can't Save NBC" ... that'll happen oh about mid December.

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