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NBC Universal’s Zucker: The Marketplace Has Bottomed Out

Jul 10, 2009  •  Post A Comment

NBC Universal chief Jeff Zucker told CNBC’s Erin Burnett in a Sun Valley, Idaho, interview that he thinks the marketplace has hit bottom, and that the NBCU local station business appears to be improving, Broadcasting & Cable says.

The ad marketplace is “still quite uncertain and we don’t really see the full recovery we are all hoping for,” he said, adding, “It’s still tough out there, but I think we have seen a bottom.” He didn’t elaborate on the local station situation.

–Elizabeth Jensen

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