Comcast Corp.'s (CMCSA) NBCUniversal on Monday announced a management shakeup that slides Bonnie Hammer from head of its forthcoming Peacock streaming service to overseeing all broadcast and cable studio operations at the newly created NBCUniversal Content Studios. Comcast veteran Matt Strauss will join NBCUniversal to lead Peacock. The restructuring was reportedly driven by Comcast's desire to consolidate its broadcast and cable production operations, a move made by a number of NBCU's rivals in recent years. Peacock, scheduled to launch next year, will join a heated roster of streaming services from Netflix Inc. (NFLX), Amazon.com Inc. (AMZN), Walt Disney Co. (DIS), Apple Inc. (AAPL), and AT&T Inc. (T).
-Jon Swartz; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
October 07, 2019 15:25 ET (19:25 GMT)
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