Friday, September 20, 2019

EVEN NBC’S BOSS HAS DOUBTS ABOUT SMASH

February 16, 2012 by · Leave a Comment 

Steve Burke

NBCUniversal CEO Steve Burke has described as “problematic” the future of NBC’s expensive new entry, Smash. Speaking during a conference call with analysts and reporters on Tuesday, Burke expressed confidence the The Voice would retain its momentum and become one of the network’s biggest hits this season, but then remarked, “I think Smash is more problematic.” Reporting on Burke’s remarks, AdWeek commented that Burke “picked a bad time to drop his guard.” While Comcast reported overall healthy earnings for the fourth quarter, revenue for NBC and its owned stations declined 7.1 percent versus the previous year, leaving it cash-flow negative of about $80 million.