NBC Universal and Comcast are “in the endgame” of the regulatory review of their planned deal with the key conditions on the union likely to come in the online video realm, outgoing NBCU CEO Jeff Zucker said.
“The big issue is the future of online video and what are going to be the conditions on the deal around that,” he said today at the Paley Center for Media’s International Council Meeting. There are other issues that the regulatory agencies are looking at as well, he acknowledged.
Zucker predicted that the daily talks between the companies and officials in Washington, D.C., should lead to final decisions in the next two weeks or so to wrap up the review by year’s end, although he also acknowledged that the deal approval could slip into 2011.
Asked about which executives are officially in and out at NBCU once Comcast takes over, Zucker quipped: “I think there might be some announcements today or something.” He added that it isn’t his announcement to make though. Comcast was expected to make an announcement on key executives as early as Wednesday.
Zucker also joked about his upcoming departure as Comcast COO Steve Burke will assume the NBCU CEO role.
“I got all the time in the world these days,” he said in the Thursday conversation with CNBC host Jim Cramer. “I still have some authority, you know, by the way.”
Once again asked about his biggest mistake, Zucker said it was his choice of executives to run NBC Entertainment, which he said he didn’t manage to turn around.