Comcast And NBCU Execs Talk Peacock Start, Sports Outlook, Likely Cost Cuts
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deadline.comBy Dade Hayes Finance Editor NBCUniversal CEO Jeff Shell sees “very, very encouraging” early signs from Peacock, but also sees “significant adjustments” being made to the expense side of the Comcast division in light of COVID-19.
Shell delivered those comments during his first appearance on a Comcast earnings call, having taken over as CEO of NBCU earlier this year.
He joined other executives speaking to Wall Street analysts after Comcast reported mixed first-quarter results. Shell also addressed the ongoing controversy over theatrical windows and Trolls World Tour.
He said premium video on demand releases of select titles remain an option but theatrical remains a “central element” of the studio’s business.
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