American - Businessman | August 14, 1958 -
I've had people accuse me of being too tough of a grader. But my job is to paint reality versus telling people what they want to hear.
Steve Burke
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People would say, 'You can't say negative things about the company.' But you have no credibility if you can't tell people that they need to do better.
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Historically, NBCUniversal had brilliant people, but some of them didn't do a very good job of working together.
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People have more options to watch quality, professionally produced video than ever before, and they are using those options - whether it is DVR, Netflix or Hulu.
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The good news is people are watching more video than ever before; they're just watching in places that often aren't rated and aren't monetized.
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People in the movie division hate the people in the cable group... Ultimately, you work for NBCUniversal, not Bravo or Syfy.
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You really can create a lot of value by putting content and distribution together, particularly if the content is cable content.
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The best businesses that all of us have in the entertainment business are cable content channels, which have a dual revenue stream.
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You don't get a chance to buy a company like NBCUniversal unless it's not doing well.
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I'm a very competitive person... I've run 12 marathons! I kayaked around Manhattan 29 miles in October! I ran the Berkshire Hathaway 5K! And I want every part of the business to compete - and play to win.
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There are movies and TV shows I wish we didn't make, sure, but we're in the business of creating things that are not all going to work.
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