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NEW YORK (AP) - Top NBC executive Jeff Zucker conceded Wednesday that the $900 million hit the network took in advertising sales because of its prime-time slump was bigger than expected, but "there's no panic."
The company's overall strength will see it through the lean times, Zucker, president of the NBC Universal Television group, said in an interview.
Softening the blow somewhat is the suddenly revived fortunes of the "Today" show, by far NBC's most profitable program, which saw its ratings dominance threatened this spring by ABC's resurgent "Good Morning America."
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