Latest in Steve Burke

With streaming competition gaining intensity, NBCUniversal CEO Steve Burke told Wall Street analysts Thursday how the company plans to make its entrant, Peacock, stand apart from the crowd. “We’re not doing the same strategy that Netflix and the people chasing Netflix have adopted,” Burke said during Comcast’s…

Comcast CEO Brian Roberts saw his total compensation rise to $35 million in 2018, from $32.5 million in 2017. Steve Burke, head of NBCUniversal, saw his pay package drop to just shy of $40 million, from $45.5 million in 2017. The figures were released as part of the company’s proxy statement, which also dated the…

Comcast’s management team laid out some strategic thoughts on streaming, while declining to offer any specifics about their forthcoming streaming launch, during a conference call with Wall Street analysts to discuss first-quarter results. “Video over the internet is more friend than foe,” CEO Brian Roberts said in…

Steve Burke, CEO of NBCUniversal, said the early 2020 launch of an ad-supported streaming service will, among other things, enable the company to take a closer look at bringing key titles like The Office back into its own control. The sitcom, licensed to Netflix through 2021, has attained a popularity in the streaming…

NBCUniversal will enter the streaming wars with a service launching in early 2020 that will be run by longtime cable chief Bonnie Hammer. Along with the streaming news, the company set a top-level executive reorganization that gives Mark Lazarus and Jeff Shell significant promotions. Lazarus will have the title of…

This is not your typical CEO end-of-year letter to employees. Clearly with the boxoffice success of Universal’s Dr. Seuss’ The Grinch on his mind, NBCUniversal’s  Steve Burke got into character to recap 2018 and usher in 2019 as the cynical green creature. In a lighthearted, self-deprecating holiday note to staff (aka…

Updated with Megyn Kelly tweets: Playing out in the press and social media as much as the conference room, it looks like negotiations over Megyn Kelly's departure from NBC News have taken a bad turn yet again – and the ex-morning show host’s attorney wants the big boys to step in if news boss Andy Lack can’t or won’t…

UPDATED with stock movement. Comcast, which reported strong third-quarter results that beat Wall Street forecasts, is leaning into areas where some rivals are struggling: traditional broadcast and cable TV as well as pay-TV distribution. “Despite all of the factors that make it look like a less-good business in the…

This year’s Upfront Week always was going to be challenging, what with many of the most buzzed-about “new” series for next season having already debuted years (or decades) ago and corporate overlords consigning broadcasters to the back half of presentations in which hitting the two-hour mark means death. NBC believes…

NBCUniversal devoted much of its two-hour upfront presentation at Radio City Music Halls to talent-driven razzle-dazzle. Still, the company also managed to slip in some talking points, with execs contending the company is well-positioned in the M&A landscape and continues to enjoy advantages over digital rivals. “If…

During Comcast’s first-quarter earnings call, which was largely dominated by discussion of the company’s game-changing bid for Sky, there was also a lot for Hollywood to digest in the company’s TV and film results at NBCUniversal. Steve Burke, head of NBCU, said the company is “entering the upfront in the strongest…

NBCUniversal Telemundo Enterprises has cut the ribbon on its new global headquarters in Miami, a novel facility with few equals in the entertainment industry given how many business functions can occur under its sizable roof. Telemundo Center, whose cost NBCU pegged at “more than $250 million,” was first announced in…