NBCUniversal is 'finalizing a new structure that will demonstrate the unique way we intend to manage this business going forward'
Mark Lazarus is"finalizing a new structure that will demonstrate the unique way we intend to manage this business going forward" and that will be unveiled"soon," says NBCU CEO Jeff Shell.
Speaking on Comcast’s second-quarter earnings conference call, he said the group that includes streaming service Peacock, TV networks, stations and NBC Sports, was created to "more rapidly shift our resources and investment from linear to streaming." Shell on the call mentioned the novel coronavirus pandemic as a key engine behind the coming changes, saying that "crises tend to accelerate and exacerbate trends that are already happening." That is true in the TV business where "viewership is rapidly shifting from linear to non-linear," he explained.
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