NBC Universal to cut costs to stay competitive
NBC Universal has revealed that they are planning to cut costs to stay competitive in these tough times.
The media giant is planning to cut spendings by $500 million next year. This comes to around 3% of their annual spendings.
NBC Universal CEO Jeff Zucker wrote in a memo sent [...]

NBC Universal investing in NDTV Networks
American media giant NBC Universal has announced their decision to invest in the Indian media company NDTV Networks.
NBC would be investing around $150 million to pick up 26 per cent stake in NDTV Networks.
Jeff Zucker, President and CEO, NBC Universal said in a statement on this deal: “India is one [...]