What Idiots Are Running NBC???
Filed under: TV News > Zportz
Seriously, what kind of idiots are running NBC?
According to top executives at General Electric, the parent company of NBC Universal, the network somehow managed to fuck things up and lose money on the Olympics!
Even though the Beijing summer games were a great success this year, NBC just didn't manage to make a profit.
In their third quarter earnings conference call on Friday, GE said NBC generated over $1 billion in revenue from the Olympics but wrote a loss on the event.
How's that possible????
Of course, they didn't disclose the amount of the loss.
Sucks for NBC.
Next time - better management!
[Image via WENN.]
Posted: October 11, 2008 at 10:30 am



haha. that sucks
NBC has always sucked. Earl is the only good show they have.
Can anyone say Enron?
I hate NBC. They always cancel the good shows if they don't soar in the ratings over 2 episodes. It really pissed me off when they axed the black donnellys. I will never watch NBC.
Re: Beautiful Vixen –
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Re: Beautiful Vixen –
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in a bank
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they'll be fine in the long run…we all will b…later gators……i'm off
NBC in General just sucks. They no longer are the network of seinfeld and friends. Now they are the network of craptastic shows and fighting news anchors
bullshit lies to not pay taxes
Its called "Creative Accounting" you dick of the month club. You've monitored the entertainment business for how long? If you pile enough costs into something, you can make it look like a loser. Cuts down on revenue sharing agreement payouts and such. That's why an artist can sell 1 million albums but get no cut because they 'haven't recovered their costs". Feel free to report whatever bullshit NBC "says" but pull your dick and your head out of someone's ass long enough to think and report on the painfully obvious.
BECAUSE THEY DONT WANT TO PAY TAXES, DUMB ASS!
They pay a lot of accountants a lot of money to make sure EVERYTHING is a loss.
something must be up with NBC. I live in Austin and our Cable Company (Time Warner Cable) and NBC are having a dispute. NBC wants to charge Time Warner 1 cent, per house hold, per day to broadcast on Time Warner. Time Warner said, "NO" and NBC pulled their network off of Time Warner cable.
What is going down with the peacock?
SOUNDS LIKE SOMEBODY LINED THEIR POCKETS!
OH AND DARLINGS DON'T BE SURPRISED WHEN BUSH GETS THESE PEOPLE TO HANDLE THE TRILLION DOLLAR BAIL-OUT.
Maybe someone is embezzeling money?
People its a common accounting trick to hyper load expenses into one project to make it lose money while other projects make money from unloading expenses. Why? Because the olympics probably has two big areas where NBC can save huge amounts of money. First, no revenue sharing with affiliates and sub-sponsors. Second, they probably have negotiated kickers to the Chinese government that would increase their rights fees based on income from the olympics. If there is no profit, none of these kick in. Please step away from the keyboard, go hunt down all of the school board members where you went to high school and kill them for giving you such a lousy world education.
…that was probably calculated after bonuses and perks were distributed. "One Fine Day" we will find some honesty. And then again, maybe not…
Re: fuckyouperez – exactly…
LMAO. Seriously is anyone surprised they lost money and are losing viewership!
When you lay down with dogs…….
PEREZ, wake up and get crackin here! Sarah Palin has been found GUILTY of abusing her powers as gov of Alaska! Links are everywhere on the net. Get posting, this is a hot story!
NBC sucks all around! They have no good shows, ruin the good shows they do have (like Heroes), copy other networks' shows and their message boards suck! They get random users to mod the boards and they go on power trips and its usually some uneducated house wife or hick or something.
Re: ohjustshutup – Bill Clinton got into office and his wife, Hillary, fired all of the travel office employees. Clinton took huge heat for letting his unelected wife have influence and even actionable power to ruin people's careers seemingly for personal or political reasons. Palin gets elected to office and lets her unelected husband have undue influence into the firing of a state employee. I'm not sure either or both of them shouldn't have been criticized or thrown under a bus. I do know that all the pots and kettles are running around calling each other black. Go settle down. If you look at your OWN partisanship, I doubt you could look in the mirror and say you could or would do better. Crooks are crooks no matter which side of the aisle they sit on. Give it 6 months, maybe less, I promise you we will be embroiled in some Obama fuck-up. I guarantee it.
Smart people boycott NBC due to their left leaning bias, pretty simple.
Dumbasses put all the good shit on too late on the west coast, everytime I turned it on, fucking beach volleyball, I wanted to see that retard win ONE of eight gold medals but NOOOOO, fucking beach volleyball!!!!
Well they did pay alomost $900 million for the rights to broadcast them. I would assume they want it to look like a lost even if they made money to limit their taxes. I have a feeling they are happy with how it turned out. Pereza you over reacted to this news.
National Broadcasting Cunts
jeff zucker…that would be the guy.
i always find it funny when people who have no idea what they are talking about decide to spout nonsense of which they have no true knowledge about. unfortunately for you, you don't know how the television business works. nearly EVERY major sports production runs the risk of losing money, let alone the olympics. you mentioned that you thought NBC's coverage was great for this olympics, how exactly do you think that happened? NBC more than tripled the hours of coverage made available to viewers during the Summer Games, and it's not like they just found more equipment and had lots of volunteers. all that costs money, and lots of it. what you've clearly not taken into consideration is the fact that the bar has been set considerably higher, and by the time of the Winter Games two years from now, advertisers will be spending twice as much for commercial space because they understand the built-in audience that reached gargantuan proportions in August.
stick to making fun of people who got fat over the summer, you actually do that pretty well
When you have Bob "Bugeyed bad plastic surgery dwarf" Costas do your commentary, how can you expect to make a hit? I swear, they shifted cameras more than a hooker in a porn flick. Bad, bad, bad.
ummm, the same people who employ chris matthews & olbermann? any more need to be said? i think not.
Actually, that's an accounting trick that makes it possible to report the television projects to the IRS as a loss. They made big money, trust me.
It's creative accounting Dude!
Better to show a loss for tax purposes…makes you go hmmmm
This is one group of fuck ups that Bill O Riely is right about.
what idots the same idiots who green lighted the knight rider remake. the only thing saving nbc now is heroes. which i am sure the are gonna cancel after this season cuz they are idots lol. sci-fi channel will grab it though.
Get a clue, Perez… The Olympics NEVER make money. They ALWAYS all lose millions and millions and millions. Its quite expensive to move all that equipment and personell across the globe.
The only thing NBC is dumb about it being the one to have agreed to broadcast the Olympics in the first place!