NBCUniversal Media Chairman Matt Strauss, who oversees Peacock, said at a recent conference that Peacock is expected to become profitable in the current quarter. If achieved, it would make Peacock the last of the major streamers to reach profitability. The comments from Strauss came during the Evercore Global TMT Conference and were first reported by…

Universal’s first theme park and resort in the U.K. — unveiled early last year and set to be one of the biggest theme parks globally — now has an official name, plus a financial commitment described by the British government as “one of the largest ever investments in the U.K. tourism sector.” Universal United Kingdom Resort, […]

NBCUniversal Media Chairman Matt Strauss, who oversees Peacock, says the 6-year-old streamer will finally turn a profit in the current quarter. Entering the black is “a big milestone for the company” and “a big milestone for the team,” Strauss said during an appearance at the Evercore Global TMT Conference on Tuesday. “It’s also a beginning […]

Whatever else you want to say about Leah McSweeney, it can’t be denied that the Real Housewives of New York alum is persistent when it comes to her lawsuit against reality kingpin Andy Cohen, Bravo and its parent company NBCUniversal, and Warner Bros. Discovery. Hoping to fight off a dismissal motion from Cohen and the […]

More than 12,500 attendees and 410 exhibitors made their way to Mandalay this year.

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First approved Eclipsa Video devices are expected to be introduced later this year

As the world’s top international acquisitions executives passed through border control at LAX this week, they weren’t only getting their minds in gear for a week of LA Screenings, but were also thinking how Hollywood’s big merger might change their futures. With Paramount set to acquire Warner Bros. Discovery (WBD) for $110B, the entire buying […]

Another compressed upfronts “week” is in the books, a three-day bender in New York with media and tech companies pitching their wares to advertisers. As with the NFL Draft or a venture capitalist’s early-stage bets, winners and losers can’t be determined overnight. But there always are initial takeaways and impressions, along with the dawning awareness […]

Another legacy Paramount TV executive is leaving in the wake of the Skydance merger. Company veteran Keith Cox, who has served as top programming executive for multiple brands, including TV Land, Paramount Network and Showtime/MTV Entertainment Studios, is departing after two decades. His last day is Friday. Cox’s future plans have not been revealed but […]

Variety and NBCUniversal have partnered on a cross-platform content initiative tied to NBC’s yearlong 100th anniversary celebration. Starting next month, Variety will publish a recurring series of NBC100 editorial and branded content across Variety’s digital, print, social, video and podcast platforms. The series is designed to examine NBC’s past, present and future. The rollout will extend…

At the NBCUniversal upfront presentation in New York, Vin Diesel announced that a Fast and Furious television series is in development at Peacock. The long-running franchise has released 11 films so far, with a supposedly final installment, Fast Forever, arriving in 2028. The series has also produced one animated spin-off for Netflix.

The post ‘Fast and Furious’ TV Show in Development at Peacock…

On today’s episode of “Daily Variety” podcast, Variety’s Brian Steinberg reports on the triple-header kickoff of Upfronts week after attending Monday’s presentations by NBCUniversal, Fox and Amazon Prime Video. He parses each platform’s pitch to Madison Avenue. And we’ll hear from NBCUniversal Entertainment chief business officer Liz Jenkins on risk-taking in the time of disruption, in […]

NBCUniversal’s upfront presentation was, surprisingly, all about television this year. After a year focused on movies, and last year’s fixation on sports, this year’s Radio City Music Hall presentation Monday was all about the small screen. Bowen Yang and Matt Rogers, hosts of the Las Culturistas podcast and live event, opened the show with a […]

The Peacock network opened its 2026 upfront presentation to advertisers Monday at Radio City MusicaHall with a laser light show that included all the colors of NBC’s logo rainbow, followed by a monologue and musical number from “Las Culturistas” hosts Bowen Yang and Matt Rogers. Set to the tune of Bruno Mars and Rosé’s “APT,” […]

Seth Meyers closed the NBCUniversal upfront at Radio City Music Hall on Monday morning with plenty of jabs at his bosses. But perhaps his most cutting jokes were reserved for rival CBS and its Paramount Skydance owners. “CBS did not hold an upfront presentation this year because at CBS, upfront just describes how they paid […]

Hosts from MS NOW’s Morning Joe and CNBC’s Squawk Box appeared at the NBCUniversal upfront Monday to vouch for the impact of Versant Media’s programming. For years, the talent’s presence at Radio City Music Hall would have been utterly ordinary. In 2026, though, the talent and networks are not owned by NBCUniversal. Along with a […]

Seth Meyers took aim at the competition on Monday morning during NBCUniversal’s upfront presentation. “We have taken down CBS,” said the late-night host, referring to the fact that, for the first time in nearly two decades, NBC rather than CBS will take the broadcast crown for total viewers in the TV season. “Well, the Ellisons […]

Four Fast & Furious TV shows are now in the works at Peacock, according to Vin Diesel. The Fast & Furious — also known as The Fast and the Furious — franchise officially launched at Universal Pictures in 2001 with the Rob Cohen-directed movie. Since then, there have been a large handful of sequels and […]

The post 4 Fast & Furious TV Shows Announced for Peacock, Vin Diesel’s Involvement Revealed…

TV advertisers expect to hear a lot of big asks this year, but not so many small requests. When NBCUniversal opens the media industry’s annual “Upfront Week” Monday, it is likely to do so with talk of the 100th anniversary of the NBC broadcast network and three different types of sports to offer on Sundays. […]

EXCLUSIVE: “Who said you can’t go home again?,” says former NBC Entertainment Chairman Robert Greenblatt, who is returning to NBCUniversal as a producer after eight years. He has signed a first-look deal with Universal Television, a division of Universal Studio Group, to develop and produce TV projects through his production company, The Green Room. Jon […]

Versant, which has telegraphed plans for M&A since spinning off from Comcast, has executed an expected sell-off of youth sports digital specialist SportsEngine to another company in the sector, PlayMetrics. The asset had long been rumored to be on the list of assets Versant was looking to shed. NBCUniversal acquired it in 2016 and it […]

On today’s episode of Variety’s “Strictly Business” podcast, NBCUniversal’s Pearlena Igbokwe details the company’s key areas of focus following its transition with the Versant Media spinoff at the start of this year. Igbokwe, who is NBCUniversal’s chairman of Television Studios, NBC Entertainment and Peacock scripted, discusses the return of the pilot process at NBC, the […]

Jez Butterworth has signed a five-year film and television deal with Universal Entertainment, Variety has learned. The deal will begin in January 2027. “Jez Butterworth is a versatile creator whose storytelling has a way of getting under your skin. Whether it’s on stage or screen, his distinct voice is surprising and intense but always deeply […]

The BBC and NBCUniversal continue to search for entertainment gold together and today have revealed the winners of “a highly competitive process” for an upcoming unscripted show. UK companies Expectation and Plegazoid as the successful candidate to develop an unscripted format “with an innovative and compelling twist on a studio-based gameshow.” It’s understood the pair […]

Comcast blew past Wall Street forecasts on the top and bottom lines for the three months ended in March as ad sales boomed and shaky broadband appears to be turning around. The Winter Olympics the Super Bowl added $2.2 billion in incremental advertising revenue. The shares, which have been poky over the past year, jumped […]

What kind of business tightrope are media companies walking in 2026? Comcast generated an extra $2.2 billion due to NBC’s February telecasts of the Winter Olympics from Milan Cortina and the Super Bowl. And yet, the cable-and-content giant said profit fell 35.6% as it invested in upgrades to its crucial cable and broadband business and […]

Still awaiting a ruling from a trio of Appeal Court judges over his criminal case, the incarcerated Sean “Diddy” Combs got some bad legal news today. A New York judge just threw out the Bad Boy Records founder’s over a year old $100 million defamation lawsuit against NBCUniversal. In fact, Empire State Supreme Court judge Phaedra […]

EXCLUSIVE: Peacock’s ad-free tier, Premium Plus, will soon be available on Roku Premium Subscriptions under a new agreement between NBCUniversal and the major streaming provider. Along with being ad-free (outside of live sports) the highest plan of Peacock allows users to download programming for offline viewing and also provides geo-targeted local TV stations. It costs […]

Hollywood’s revolving door for scandal scarred executives just spun again and the timing couldn’t be worse for the biggest media merger in years. Jeff Shell, who got booted as CEO of NBCUniversal in 2023 after an internal probe confirmed an inappropriate relationship with a CNBC anchor, somehow landed on his feet as President of the […]

The post Jeff Shell Out… Again: Scandal-Plagued Paramount…

EXCLUSIVE: For the second time in three years, Jeff Shell has been ousted from a top corporate perch. Back in April 2023, the exec lost his job as NBCUniversal CEO amidst allegations of inappropriate conduct with a female CNBC reporter. Today, after weeks of claims about indiscretion and a multi-million legal back and forth, Shell […]