CMCSA Comcast Corporation

By Joe Flint 

NBCUniversal has reorganized its entertainment unit and shuffled its executive ranks as part of a consolidation effort aimed at better positioning the company for the streaming era.

In the new structure, Comcast Corp.'s NBCUniversal is breaking its entertainment operations into separate business and creative units. Those units will be in charge of content creation and distribution for NBCUniversal's various broadcast, cable and streaming platforms.

The restructuring has been in the works for several months under new NBCUniversal Chief Executive Jeff Shell, who is attempting to break down the fiefdoms at NBC's various programming platforms, including the NBC broadcast network and cable channels USA, Bravo and E!, which all have their own distinct programming and business operations.

NBCUniversal has filled most of the new positions in the reorganization with current senior executives. However the head of content for all its programming platforms has not been named yet. The company is looking at both internal and external candidates for what will essentially be the role of chief content officer.

As a result of the new organizational structure, NBC broadcast network entertainment chief Paul Telegdy is leaving the company. Mr. Telegdy had been operating under a cloud for the last week as NBCU launched an investigation into the culture of his unit after a story in the Hollywood Reporter that alleged a toxic and misogynistic environment in the unit.

Mr. Telegdy declined to comment on his departure.

Moving up in the redesign of the operation is Frances Berwick, who currently oversees the Bravo, E! and Oxygen cable networks. In her new role, she will head the business operations and deal-making for content across all the company's entertainment operations.

(END) Dow Jones Newswires

August 06, 2020 12:18 ET (16:18 GMT)

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