Zucker Takes the Peacock to Fourth Place
Is CNBC kidding me with all this Zucker love? They probably put him on the tube more than Jeff Immelt, but Zucker is a bigger disaster disaster than the other Jeff.
NBC is no doubt a highly political organization; if you need to keep your job, kiss his Zucker’s ass, early and often:
NBC, in a move as harsh as it was swift, forced out three top programming executives Friday after a disastrous crash of its fall television season.
The three—Katherine Pope, Teri Weinberg and Craig Plestis—all lost their high-profile jobs amid one of the most sweeping shake-ups in television. The purging signals the desperation of NBC Universal bosses to fix the network, which slid back into fourth place last week......
“Somebody’s head had to roll,” said David Scardino, a longtime television analyst with advertising agency RPA in Santa Monica. “But why these people? Maybe they were the ones who were picked to lay on the pavement so the bus could run over them.” LA Times
Congratulations on falling to fourth place guys. Ratings down 14%....bringing back “Knight Rider” was really awesome. I hope the restructuring works…
As part of the restructuring, NBC plans to collapse its two separate programming groups—one at the network and the other at the TV production studio—into one team managed by Bromstad. Bromstad, a former NBC studio chief, is a close ally of NBC Universal Chief Executive Jeff Zucker.
Need at job at NBC? Or need to keep a job at NBC? You know whose ass to kiss.
Ben Silverman made NBC a lot of money, but will soon be living on borrowed time.
His Charlie Rose interview on November 17th made him seem like a kid eager to please. I gotta believe he has more street smarts than he showed in this interview. GE Capital is not the only disaster for Immelt and the mother ship at General Electric (GE-NYSE).
____________________________
Struggling NBC sends 3 top executives packing
LA TIMES
Update: More intrigue and drama
Downturn creates drama at NBC
LA Times
Zucker does makes sense here…
Zucker: TV at Risk of Ending Up Like Newspapers
Portfolio
--------------------------------------------------------------
The content contained represent the opinions of 1440 Wall Street. This commentary in no way constitutes a solicitation of business or investment advice. It is intended solely for the entertainment of the reader, and the author. No Position
Comments:
Next entry: When Egos Collide: Jim Chanos and Wall Street
Previous entry: CME vs ICE: Winner Take All for CDS Marketplace?