NBCU’s Steve Burke Predicts Slowdown In Cable Networks Growth

The comments in a conference call with analysts this morning represent one of the most forthright acknowledgements to date from a media exec that the slowdown in cable network growth reflects fundamental changes in the business, not a temporary blip. “The ratings pressure is greater than it was a year or two ago which means it's going to be a tougher business to grow,” NBCUniversal chief Steve Burke said. “It was a double digit growth business. It's probably a single…

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