Filed under: BROADCAST/CABLE | Tags: Business, Chief executive officer, Ellen DeGeneres, Financial services, General Electric, Hollywood Reporter, Jeff Zucker, NBC Universal
With the star power of Ellen DeGeneres, Kobe Bryant and Carlos Santana, George Lopez pulled in 3.2 million viewers with the premiere of his talk show. The debut of “Lopez Tonight” was presented across Turner nets TBS, TNT and truTV, with TBS accounting for 1.7 million viewers. The Hollywood Reporter(11/10)
NBC Universal Chief Executive Officer Jeff Zucker will lead the joint venture currently being negotiated that would control the media conglomerate, according to unnamed sources cited in this report. Comcast is in talks with current NBCU owner General Electric about taking a majority stake in the company. Reuters (11/10
It may not be long before the troubled MGM studio is forced by its creditors to seek a buyer. That’s the word coming out of a Nov. 4 meeting between MGM CEO Stephen Cooper and the debt-hobbled film company’s 140-member creditor committee. According to one source with knowledge of the meeting, the creditor group turned thumbs down on a proposal by Cooper to convert the studio’s $3.7 billion debt into equity as part of a restructuring plan to keep the studio out of bankruptcy. (BusinessWeek11/11)
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