NBCU's Burke says conglom won't 'bulk up' in response to possible Fox/Time Warner merger

Already owned by the No. 1 U.S. pay TV provider, which is trying to buy the No. 2 operator, NBCUniversal chief executive Steve Burke told investors Tuesday that the programming conglomerate won't look for acquisitions amid the very likely prospect that huge competitors Fox and Time Warner Inc. will merge.

 "We certainly don't think we need to bulk up in content," Burke told analysts on an earnings conference call. "We sold all of our broadcast and cable assets together in the upfront. And I think that was a major reason why we had such a successful upfront relative to the rest of the industry." The Hollywood Reporter has a full story here.