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GE CEO Says Leno Move ‘a Margin Enhancer’

Dec 17, 2008  •  Post A Comment

General Electric CEO Jeff Immelt told investors Tuesday that NBC Universal’s decision to move Jay Leno’s program to 10 p.m. was “a margin enhancer,” the Hollywood Reporter says. Immelt also said NBC Universal’s business could shrink in 2009, although it has “a fighting chance to be flat.”
—Aimee Picchi

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