The LATimes’ Matea Gold reports on what the Comcast-NBCU deal means to NBC News. It’s a long way from CN8 or even New England Cable News:
NBC News executives have been heartened by private conversations with Comcast executives in which they expressed admiration for the news division and pride that it would be part of the cable behemoth. While Comcast has not made any specific commitments about resources, NBC officials said the new owners are aware that the news division contributes to the overall bottom line of the company, buoyed by its profitable cable news network, MSNBC.
Says Comcast EVP David L. Cohen, “It’s an area where we don’t have a substantial track record, and I think we need to be judged on what we say we’re going to do.”
• Earlier: Comcast is Back in the News Business