Steve Burke Latest Celebrity News & Gossip

Continuing a strategic shift that dates back to 2021, NBCUniversal streaming service Peacock is no longer letting new subscribers sign up for its free, basic tier.

Comcast CEO Brian Roberts kicked off the company’s first-quarter earnings call by acknowledging the abrupt dismissal of NBCUniversal chief Jeff Shell last Sunday.

Brian Steinberg Senior TV Editor After steering NBCUniversal through a global pandemic and a roiling stock market, Jeff Shell in January thought he had some good news for investors: Better times were just around the corner. “I’m pretty confident that we have a lot of growth ahead in NBCUniversal,” he told Wall Street analysts during a recent conference call. He called for new activity at the company’s amusement parks after a long fallow period caused by the COVID pandemic, as well as a boost to paying subscribers at the company’s Peacock streaming hub. Now a different executive will be charged with finding out whether Shell’s projections will come to pass.

Comcast dropped a bombshell Sunday, announcing that NBCUniversal CEO Jeff Shell is leaving the company, effective immediately. The “mutual” decision comes after an investigation led by outside counsel into a complaint on inappropriate conduct by Shell.

NBCUniversal has closed a record-setting upfront, improving over 2019 levels with an overall advertising haul described by insiders as comfortably north of $7 billion.

Brent Lang Executive Editor of Film and Media30West, the investment and advisory firm with deep ties to the movie business, is backing Special, a new streaming service geared towards independent moviemakers and content creators.

In 2011, Donald Trump was toying with running for president and NBCUniversal was unhappy about it. By then, The Apprentice had been succeeded by Celebrity Apprentice, and while the show wasn’t doing especially well, neither was NBC.

Steve Burke, the chairman and former CEO of NBCUniversal, is extending his tenure with parent company Comcast. Burke, who had been set to retire from the company this month, will now stay on as chairman of NBCUniversal through the end of 2020.

Steve Burke is staying with Comcast for a little while longer, quietly extending his contract last week.The former NBCU CEO, who was succeeded by Jeff Shell in January, was supposed to formally retire in August. Burke had been serving as chairman since Shell took over.

Todd Spangler NY Digital EditorIn September 2019, Steve Burke, then NBCUniversal chief executive, called Matt Strauss, with a question: Would he take the wheel of the Peacock project?Strauss would need to unleash the service across the U.S. on a dauntingly short timeline — in just 10 months, pegged to the Tokyo Olympics (more on that later).

Jeff Shell wants a break.

By Brian Steinberg

NBCUniversal's Steve Burke got compensation worth $42.6 million in 2019, his final year as CEO, compared with nearly $40.0 million in 2018 and $46.5 million in 2017, according to a regulatory filing from pay TV, media and technology giant Comcast. That marked a gain of 6.5 percent.

By Nellie Andreeva

By Nellie Andreeva