Comcast-owned NBCUniversal may be at the lead edge of a purge of smaller TV networks, according to its CEO Steve Burke, who said on the cable conglomerate's second-quarter earnings call that NBCU plans to trim channels from its lineup.
"There are just too many networks," he told investors, adding that the network will continue to invest in its larger channels while cutting away smaller ones.
The future of smaller cable channels and broadcast networks is coming into focus, and the outlook for their traditional TV future isn't good, if other media companies follow NBCU's lead. FierceCable has more details in its Comcast Q2 report, here.