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.

Suggested Articles

YouTube TV’s price hike gives cable operators breathing room to run the next big TV race, which will be fought and won on the TV UX battleground.

Charter Communications said it will add five “Latino targeted TV networks” to its Spectrum TV lineup.

Among pay TV subscribers and broadband-only subscribers, YouTube and Netflix were among the favorite services featured in makeshift video bundles.