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It seems NBC Universal Inc. chief Jeff Zucker is getting tired of all the speculation that parent General Electric Co. may sell its media business.
While speaking at a media conference in New York on Monday, Zucker dismissed repeated rumors that the media company would be sold, saying GE chief executive Jeff Immelt had been "very clear" about NBC Universal's role within the company, according to various news reports. The rumor has floated around for the last two years, but most recently was stoked by a Financial Times article suggesting a deal would happen after the 2008 Olympics. While at the conference hosted by Syracuse University's S.I. Newhouse School of Communications, Zucker also talked about the launch of NBCU's online joint venture with News Corp. called Hulu, Apple Inc.'s impact on Hollywood, the impact of Fox Business Network on CNBC, among other topics. — Matthew Wurtzel
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