Forming partnerships is one way to help a large media company like NBCU reinvent itself and survive in disruptive times in the media business.
Speaking at a panel at the Consumer Electronics Show, Linda Yaccarino, chairman of advertising sales and client partnerships at NBCU, said that while NBCU today is a big company reaching a broad swath of the audience, to reach and be relevant to newer younger audiences, the programmer has formed relationships with, and invested in, digital media companies like Vox and Buzzfeed.
“You have to have your hand in many pots because of the ways consumer are changing,” Yaccarino said.
Since NBCU was acquired by Comcast five years ago, NBCU has spent more on content than Comcast spent to buy NBCU. That investment “convinces our customers we’re in this for the long haul, she said.
Read more at broadcastingcable.com.