Zucker Signals NBC Might Be Interested In Buying The Weather Channel
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NBC U CEO Jeff Zucker says he likes the Weather Channel, but not for the $5 billion Landmark Communications is said to be seeking. "Obviously, (The Weather Channel) is something we would look at," he said at a Harvard Business School conference Wednesday. So what would he pay? He wouldn't say.
"Obviously, x, is something we would look at" is a well-worn standard among Zucker-isms. He said the same thing about DreamWorks SKG in December.
Also at the conference, NBC U digital media VP Jessica Schell signaled that NBC U will step up its new media investments, raising the size of its Peacock Equity Fund from $250 million to $1 billion. Launched a year ago, the fund has taken stakes in Adify, Popsugar and WorldWideBiggies.
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Silicon Alley Insider | Michael Learmonth | February 28, 2008 01:07 PM