Network News at a Crossroads (Dinosaur Media DeathWatch™)

The New York Times ^ | February 28, 2010 | Brian Stelter and Bill Carter

[RayChuang88]

NBC Universal does not own Discovery Networks.

But most of their operations ARE profitable, especially USA Network, CNBC and SyFy. But the big money losers are NBC News and in a way NBC Sports, especially the US$200 million loss on the Olympics in spite of the good ratings.

I do think NBC really mismanaged the Conan O'Brien-Jay Leno fiasco over The Tonight Show, and that ends up benefiting--CBS, who has done quite well with The Late Show with David Letterman and The Late Late Show with Craig Ferguson lately.