G.e. Won't Sell Nbc, Zucker Insists
NBC Universal chief Jeff Zucker attempted to knock down persistent rumors that parent General Electric is likely to sell NBC after the Summer 2008 Olympics. Zucker said that it would make little sense for GE to do so, given the company's strong growth recently and the likelihood that it would only accelerate in the months ahead. Speaking at a New York event arranged by Syracuse University's S.I. Newhouse School of Public Communications, Zucker also indicated that there are no changes in the network's plans to replace Jay Leno with Conan O'Brien on the Tonight show in 2009. He said that he hopes Leno will also remain with the network. "We are in those conversations now," he said, adding that he is "hopeful that Jay will be with us."