NBC Restructures Development Teams
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General Electric Co.’s NBC television network, which has been losing viewers, said it was restructuring the teams that create and buy entertainment shows and would open a New York development office.
NBC split its comedy and drama development teams into segments working on internal ideas and buying projects from outside studios, the company said in a statement.
The move signals the need for NBC Universal President Jeff Zucker to produce new hits after NBC lost two of its most popular programs, “Friends” and “Frasier,” which ended in May.
General Electric fell 22 cents to $36 on the New York Stock Exchange.
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