GE will continue to pimp NBC until a time of their choosing
Published: Saturday, October 13, 2007
It turns out NBC Universal boss Jeff Zucker has a bigger Peacock than expected and his pimps at GE couldn't be more pleased. NBC Universal's third quarter results are healthy, kinda putting to rest talk of GE selling off the media unit, for now. GE will continue to push hard for higher and higher quarterly results perhaps to sell the company off at a higher price and cash out big time. Chatter has increased about GE waiting until after the 2008 Olympics to decide whether or not they will unload Zucker and company. Media giant TimeWarner has been mentioned a few times as a possible buyer if GE does decide to get out of the entertainment business. We won't even get into that right now but we hope TimeWarner will continue to focus on increasing their share price instead of trying to digest another major merger/acquisition. For now though, GE is pleased with NBCU’s results, even if ratings are still in the toilet. Hey how long has that kid who Zucker hired to beef up ratings been on the job? Is it too soon to get on him?NBC SCORES RESULTS THAT MAKE GE POSSESSIVE [NYP] Labels: GE, JeffZucker, NBC, NBCUniversal, TimeWarner, WeekendWire |




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