Comcast Corp. on Monday announced its changing of the peacock guard: Steve Burke, chief executive of NBCUniversal for nearly nine years, will hand over the reins to TV and film executive Jeff Shell on Jan. 1. Shell, 54, a Los Angeles native, has been in charge of NBCUniversal’s West Coast properties, including NBC Entertainment and Universal Pictures, for nearly a year. Advertisement“Jeff Shell is the ideal executive to take the helm at NBCUniversal,” Comcast Chief Executive Brian Roberts said in a statement. Nonetheless, Shell will face enormous challenges as the cable TV business, key to the company’s profits, has been eroded by cord-cutting. Shell has overseen the Universal film studio since 2013.

Source: Los Angeles Times December 16, 2019 16:07 UTC