Regulatory delays gave Comcast time to understand NBC Universal

The 13 months between when Comcast (Nasdaq: CMCSA) announced it wanted to acquire NBC Universal and when the federal government finally said it could weren't wasted time, new NBCUniversal CEO and former Comcast COO Steve Burke said during Comcast's quarterly earnings call.

The delay, he said, gave Comcast "a chance to really know the assets, really get to know the people and get a chance to create a set of goals and plans and priorities for the future," including maintaining and improving an already strong lineup of cable channels and beefing up the flagging NBC broadcast network.

"The cable channels are in fantastic shape," he said. The broadcast network is another story. "We have some real strength in NBC News and some real weakness with prime time."

For more:
- listen to this Comcast webcast

Related articles:
Comcast announces new NBC Universal executive team
Zucker: Cable networks are NBC's 'backbone'

Suggested Articles

A massive media conglomerate like Comcast/NBCUniversal makes news often but this week was particularly busy with an acquisition, a big name reveal and a major…

DAZN, a subscription sports streaming service that launched in 2018, has a new distribution deal in place on Comcast’s X1 and Flex video platforms.

Given the accelerating rate at which consumers are going online for entertainment, Roku said that streaming TV viewers could surpass the amount of pay TV…