Jeff Zucker, the CEO of NBC Universal (NYSE: GE), was on Charlie Rose the night before, and talked about, among other things, the company’s digital businesses. Count the number of time he uses the word “viable”, when talking about digital media side of his company’s business. He said it will be at least five years until the industry and his company has developed “viable” economic systems to replace traditional dollars with the digital dollars. He also talked about Hulu, the company’s relationship with Apple (NSDQ: AAPL), and digital distribution of content.
And then, about YouTube: “YouTube had a lot to do with our thinking of Hulu.” Probably the first time any senior executive has admitted to that. He further said that his company now has a good relationship with YouTube, in terms of their video site doing a much better job of filtering out NBCU content uploaded by users.