Posted on 02/28/2008 10:09:38 AM PST by abb
he future of NBC News is not on the broadcast network, but at MSNBC and online, said Jeff Zucker, president of CEO of NBC Universal. Jeff Zucker
We are just living in an incredibly different world, Zucker said during a question-and-answer session at Harvard Business Schools 2008 Entertainment and Media Conference Wednesday.
Pointing out that few people in the audience of students, faculty and media gathered there likely watch the 6:30 p.m. newscast, Zucker said NBC News is lucky to have a cable-news outlet in MSNBC, adding that more and more content will continue to migrate there and to MSNBC.com.
The definition of NBC News is really changing, he added, and its becoming more MSNBC and MSNBC.com.
He also took print journalists to task for disproportionately harping on downsizing at NBC News in the face of declining viewership for broadcast news in general.
When we try to evolve NBC News, a lot of people want to write about that, he said, suggesting that newspaper reporters seeming obsession with the declining fortunes of the TV-news business was a bit of schadenfreude.
The thing they want is for the [TV-news] business to die faster [than the newspaper business], because thats what makes them feel better, he added.
Zucker also mused on News Corp.s $ 5 billion acquisition of Dow Jones and its crown jewel, The Wall Street Journal.
Obviously, Dow Jones is a fantastic company, he said. Whether its worth the price News Corp. paid for it, time will tell. Its easier to pay that price when the only shareholder you care about is the one you see in the mirror every day, he quipped, referring to News Corp. chief Rupert Murdoch.
He conceded that News Corp.'s Fox Business Network -- which will surely mine the talent at The Wall Street Journal once the newspapers exclusive content agreement with CNBC expires in 2012 -- has been healthy competition for CNBC.
It made our game better, he added. And it brought more attention to CNBC than we could have ever bought.
Zucker started his climb up the NBC corporate ladder at the news department as the networks youngest-ever (he was 26) executive producer of Today.
His comments came as MSNBC posted its highest ratings in its 11-year history Tuesday night with more than 7 million viewers tuning in for the last scheduled Democratic debate between Sens. Barack Obama (D-Ill.) and Hillary Clinton (D-N.Y.).
I think [MSNBC has] found its identity, Zucker said. Politics is their calling card.
But he acknowledged that there have been some mistakes along the way, referring to comments made by David Shuster and Chris Matthews about Chelsea and Hillary Clinton, respectively. You cant be on 24 hours a day and not make some mistakes, some misstatements, he added.
Network evening newscasts will go dark after the '08 elections and their news divisions disbanded.
ping
http://www.broadcastingcable.com/article/CA6536318.html?desc=topstory
NBCUs Zucker Maintains Commitment to Streamlined Pilot System
NBC Universal CEO Speaks at Harvard Business Schools Entertainment & Media Conference
By Marisa Guthrie — Broadcasting & Cable, 2/28/2008 11:51:00 AM
It may be business as usual in Hollywood in the wake of the 100-day writers strike. But NBC Universal CEO Jeff Zucker reiterated his commitment to turn the strike into an opportunity to streamline a costly pilot system that is rife with waste.
Jeff Zucker
Hollywood is a town based on inertia, he said. There are a lot of mansions built in that town on the same old system.
Zuckers comments came during a question-and-answer session at Harvard Business Schools Entertainment & Media conference in Boston.
The companys recent announcement about a scaled-back pilot season and a 52-week schedule was ridiculed by rival network executives as spin from the fourth-place network. Fox scheduling chief Preston Beckman, for one, pointed out that his network has been programming on a year-round model for quite some time.
Zucker said the 52-week schedule and the decision to forgo NBCs annual upfront presentation at Radio City Music Hall was the result of honest conversations with advertisers.
Were going to present a schedule that is much more realistic and honest, he said, adding that the announcement was a little misunderstood by NBCs rivals.
Advertisers have long advocated for a real picture of network schedules during the upfront selling season. And as reruns have become less viable in a fragmented media universe, the schedules the networks unveil during upfront week in May have come to bear little resemblance to what is actually on-air come November.
Advertisers have also long questioned the usefulness of the elaborate upfront presentations and after parties.
What we decided, Zucker said, was to finally take them up on what theyve been telling us for many years.
Zucker also stressed the networks commitment to current The Tonight Show with Jay Leno host Jay Leno, who is due to hand over the reins of the venerable program to Conan OBrien in 2009.
Wed love for Jay to be with us forever, he said, and obviously, well have those conversations with him [about a new show] and time will tell.
Several rival networks including Fox and ABC, as well as Sony, have quietly expressed interest in making a home for Leno, whose ratings have continued to surge even during the strike when he went on sans writers and continued to beat rival David Letterman, who was able to mount his show with his Writers Guild of America staff thanks to a side deal with the union.
What about the mistake of having Olberman on MSNBC...
Is this the same MSNBC that has 1/17 (one-seventeenth) the audience as FOX? BWAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!
LOL! From being the Tiffany Network..into a sleezy boutique channel.
Sounds like Zucker's just worried about whether the news business obit will be in the newspaper or on TV.
Guess what, Jeff. It'll be on Drudge.

The word is "TOUCHE'"!!!
It will take a few more cycles past the ‘08 elections to kill the evening newscasts although I haven’t watched one of them in many years. Not sure who really relies on them for their news coverage as it is so slanted and biased that much of the garbage that masquerades as news at 6:30 PM is just the network’s liberal bias and stories that aren’t interesting enough for a longer segment on the later evening infotainment shows like Dateline and 20/20.
I think the evening newscasts will be gone after the 2012 elections as the internet and cable news will kill them off.
is MSNBC still consider news network everytime I turn it on it is informials or Crime documetary
What up with that Jeffery
Radio killed the video star.
CBS was the Tiffany network.
They’ll have to photoshop out that Hillary sticker.
NBC/MSNBC is the political voice of The General Electric Co.
Zucker is the lap dog of Jeffery Immelt
Ah...I stand corrected..How about: “ From “Must see TV...”
:o)
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