Former NBCUniversal Television chairman Jeff Gaspin has signed on as president of US indie producer Primary Wave Entertainment. As part of the deal, Primary Wave has acquired Gaspin Media, which is behind series such as A&E’s Fit to Fat to Fit and ABC’s To Tell the Truth. Gaspin had overseen the NBCU Television Entertainment business, […]
The president and CEO of NBCUniversal has taken the unusual step of publicly admitting his network trails its broadcast rivals in profitability terms by as much as US$1 billion a year. Speaking at the Merill Lynch 2013 Media, Communications and Entertainment Conference, Burke (left) said that though NBC’s new shows were showing much promise, “the […]
The streaming deal CBS scored with Amazon in February and international sales were key to pushing the broadcast network’s summer breakout hit Under the Dome into profit, its CEO has revealed. Les Moonves described the Stephen King-penned sci-fi series as a “brand new form of entertainment” for US summer broadcasting and claimed it would “bring […]
NBCUniversal’s cable channels business grew revenues by 4.6% in the first quarter of this year, but revenues at US broadcast network NBC tumbled nearly 20%. The cable unit – which houses channels including USA Network, Bravo and Syfy – saw revenues for the three months to March 31, 2013, reach US$2.25 billion compared with US$2.12 […]
US cable and media giant Comcast is to acquire the 49% of NBC Universal that it does not already own from General Electric for US$16.7 billion. Comcast said it would take full control of NBC Universal at the time of its original acquisition deal, which was completed in 2011, but had seven years in which […]
