Eurocardsharing

Go Back   Eurocardsharing > General Discussions > General Satellite News > Latest Satellite News

Latest Satellite News Discussion, New Bewkes Balks At NBCU at General Satellite News forum; Bewkes Balks At NBCU Tells DC Audience Time Warner's Not Interested In Programmer Mike Farrell 10/2/2009 4:52:47 PM Apparently when ...

Reply
 
LinkBack Thread Tools Display Modes
New Bewkes Balks At NBCU
Old
  (#1)
Bacteria
Administrator
 
Bacteria's Avatar
 
Offline
Posts: 96,015

Level: 124 [♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥]
Life: 4638 / 4638
Magic: 32005 / 105585
Experience: 68%

Thanks: 1,107
Thanked 5,578 Times in 1,419 Posts
Join Date: Oct 2006
Age: 37
Thumbs up New Bewkes Balks At NBCU - 03-October-2009, 03:10

Bewkes Balks At NBCU
Tells DC Audience Time Warner's Not Interested In Programmer
Mike Farrell 10/2/2009 4:52:47 PM

Apparently when Time Warner Inc. chairman and CEO Jeff Bewkes says he doesn't want to take his media conglomerate down the mega-merger path again, he means it.

At a conference in Washington D.C., Friday - The First Draft of History, sponsored by the Aspen Institute and the Newseum - Bewkes said the media giant was not interested in entering the fray for NBC Universal. Comcast is in early stage negotiations for a 51% stake in NBCU.

According to the Newseum website, Bewkes avoided criticizing a Comcast/NBCU deal - "I don't want to discourage Brian [Roberts]," he said - but didn't appear to be a big fan of mega deals.

"We've wasted some of the money in deals on the corporate level...We have this new idea where we don't do that anymore," he said, according to Newseum.

Bewkes has repeatedly stated that he did not want to lead Time Warner into any transformative acquisitions and has in the past pointed to the media giant's shaky past concerning mergers.

Collins Stewart media analyst Tom Eagan said it is logical for Time Warner to sit on the sidelines for NBCU, mainly because a deal would pose more complications than benefits for the media giant.
"I think the addition of the network and the stations adds a complexity they find less appealing," Eagan said.



Regards,

www.eurocardsharing.com
   
Reply With Quote
Reply

Bookmarks


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Forum Jump



ECS on RSS ECS on Twitter ECS on Facebook ECS on Youtube
Follow us on:

Powered by vBulletin
Copyright 2002 - 2010, Jelsoft Enterprises Ltd.
SEO by vBSEO ©2011, Crawlability, Inc.
Dreambox