Summary:

Reaction to the Comcast-NBCU deal dominated the early going today at UBS Media Week. Here is a selection of my Tweets from the conference. F…

Comcast CEO Brian Roberts @ UBS Media Week

Reaction to the Comcast-NBCU deal dominated the early going today at UBS Media Week. Here is a selection of my Tweets from the conference. Follow us on Twitter for continuous updates @paidContent here.

»  Turn NBC into a cable channel? Comcast’s Burke: “Hard to imagine how you would do that if you wanted to.” Calls the idea simplistic.

»  Burke tries to boost NBC’s status in NBCU deal, says Comcast (NSDQ: CMCSA) never considered selling broadcast biz, 4th place offers potential.

»  Comcast’s Burke: NBC is network/broadcast stations/production. Look at those three as ecosystem, it’s a good business.

»  Comcast’s Burke: We are big believers in decentralization. We are not going to run NBC Universal (NYSE: GE). Jeff Zucker is.

»  Roberts: “Our goal is not to recreate ESPN.” Sounds like he’d be happy just to see Versus make a dime but truth is prob in between.

»  Burke tries to boost NBC’s status in NBCU deal, says Comcast never considered selling broadcast biz, 4th place offers potential.

»  Roberts: The worst performing channel in NBCU’s stable makes more than (our) top three…. Versus makes virtually no money today.

»  Comcast’s Brian Roberts: with tax structure, NBCU deal will cost about $5B net, plus Comcast gets additional 50% of the upside.

»  UBS America CEO Robert Wolf: “The third major M&A wave since 1980 is now upon us” — Disney-Marvel (NYSE: MVL), Comcast- NBCU, etc.

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