Outgoing NBCUniversal CEO Steve Burke will pursue personal interests and doesn’t plan on taking another big media job, sources say

Steve_Burke

NBCUniversal CEO Steve Burke plans to pursue personal interests rather than taking a job at a rival large media company when he steps down from his chairman position at NBC in August, according to people familiar with the matter.

Burke, 61, may acquire small businesses or start a venture capital fund while spending more time with his family in Montana, said the people, who asked not to be named because the discussions have been private. He isn’t interested in doing anything related to media, even with Disney CEO Bob Iger planning to retire in 2021, the people said. Burke’s father, Daniel Burke, owned the Portland Sea Dogs, a double-A minor league baseball team affiliated with the Boston Red Sox, after retiring from Capital Cities/ABC in 1994.

“While this has been a dream job, it has always been my plan to hand off the baton at the right moment and move on to the next chapter of my life where I can pursue a different set of interests,” Burke said in a statement today.

Burke had considered retiring about five years ago but stayed as NBCUniversal’s owner, Comcast, acquired Dreamworks Animation and then pursued 21st Century Fox last year, one of the people said. He will run NBC’s presentation of its new streaming Peacock platform on Jan. 16 and then begin handing over all responsibilities to new CEO Jeff Shell, the person said.

Shell will officially take over as CEO on Jan. 1. Burke will stay on as chairman until August.

Burke and Comcast CEO Brian Roberts have eyed Shell to take over as NBC’s CEO for years, the people said. Shell has systematically moved through internal jobs at Comcast and NBC for the past 15 years, including chairman of NBCUniversal International and president of Comcast Programming Group, where he was responsible for managing Comcast’s national and regional TV networks. Most recently, Shell has led NBCUniversal’s Film and Entertainment division.

Burke joined Comcast in 1998 and spent 12 years at Disney before that, starting as head of Disney Stores at age 29.

An NBC spokesman declined to comment beyond today’s statement.

The Online Publishers TOP online influencers brings together multilingual translators, content creators, journalists, influencers, publishers, SEO experts, photographers and authors from various academic and industry backgrounds. How bloggers make money online

“TOP platform” The Online Publishers is the best place to check first for freelancer jobs and ebooks to read.

  • content publishing and digital marketing.
  • Yves Saint Laurent: The Last Collections review – shocking portrait of a fashion legend.
  • How & Where to Gamble When Travelling in the Middle East.
  • Hiccups in a newborn could mean their brains are developing say researchers.
  • Prada will host its Resort 2021 fashion show in Japan.
  • How to find out if you’re eligible for Italian citizenship by descent.
  • Shares of Nintendo tumble after it announces a delay in a closely watched video game.
  • Jamie Dimon warns US-China trade fight becoming a ‘real issue’ that could deter investment.
  • 10-year Treasury yield drops to 19-month low as trade fights threaten US growth.
  • 10 Tips for Creating a Great Instagram Blog.
  • California governor unveils record $213 billion budget but says recession could hit coffers by $70 billion.
  • Trump ‘richly deserves impeachment,’ House Judiciary Chairman Jerry Nadler says.
  • The French patients ‘cured’ with wine.

    Leave Your Comment

    Your email address will not be published.*

    Share via
    Copy link
    Powered by Social Snap