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.]
Oct 11, 2008 10:30am PDT
