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Jack Welch on Jeff Immelt Remarks: Next Time, Shove My Foot In My Mouth

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2008-04-17 17:10:00 by Henry Blodget in Silicon Alley Insider
...Immelt on CNBC, laying responsibility for GE's first quarter bomb directly at the reeling Immelt's feet He has a credibility issue," Welch roared. "He's getting his ass kicked Yesterday afternoon, after the press began leaping all over t his nationally broadcast performance review, Jack began frantically backpedaling on Fox News, blaming the...
 
Tags: jeff, jeff immelt, ceo jeff immelt, ceo, immelt, welch, successor jeff immelt, jack welch, jack
 
 
 
 
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Ex-GE CEO Jack Welch Gives Current GE CEO Jeff Immelt a Performance Review

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2008-04-16 14:23:00 by Henry Blodget in Silicon Alley Insider
...Immelt (Jack's handpicked successor). Jeff made a promise to deliver something, Jack roared, and, three weeks later, he failed to deliver it Jeff has a credibility issue," said Jack. "He's getting his ass kicked See Also Pathetic GE: Blame Bear Stearns For Our Mess Uh-oh: GE Blows Q1; NBC U Misses Too
 
Tags: ceo jeff immelt, jeff, jack, common analyst conclusion, blame bear stearns, market disruption, quarter bomb, credibility issue, network cnbc
 
 
 
 
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GE: Nope, Still Not Selling NBC. By The Way, Have You Seen Our Olympics Ratings?

2008-08-18 09:57:00 by Peter Kafka in Silicon Alley Insider
 
...Immelt showed up, and talked up his company. And, like Zucker said last week, Immelt said he had no intention of selling the network to Time Warner or anyone else NBC Universal's $900 million deal to broadcast the Beijing Games has been extremely successful, giving the NBC network its best ratings in years and attracting abundant advertising....
 
Tags: ceo jeff immelt, jeff, boss jeff zucker, jeff immelt, nbc, immelt, jeep nbc universal, nbc universal, boss jeff immelt
 
 
 
 
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Report: NBC Ready To Sell Off Assets

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2008-07-09 08:38:00 by Peter Kafka in Silicon Alley Insider
...Immelt and Jeff Zucker want to make. Some scenarios via the paper's Peter Lauria , who thinks Zucker is going to do a lot of whispering and plotting at Sun Valley this week Sources have said that General Electric CEO Jeffrey Immelt is being coy when he says that NBC isn't for sale. While Immelt might be opposed to an outright sale of NBC...
 
Tags: nbc, shop nbc, zucker, jeff zucker, sources, deal jeff immelt, andor parent company, immelt, company
 
 
 
 
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NBC's Zucker: Keeping The Olympics On Tape Delay Is A Genius Idea. Get Used To It

2008-08-15 10:24:00 by Peter Kafka in Silicon Alley Insider
 
...IMMELT WHO RUNS GE HAS OBVIOUSLY BEEN CLEAR ON THIS FOR A LONG TIME THAT NBC UNIVERSAL HAS BEEN AN IMPORTANT PART OF GE. I THINK ONE OF THE GREAT THINGS TO COME OUT OF THIS WEEK AND THE WEEK AHEAD, WE'RE ONLY HALFWAY THROUGH THE OLYMPICS, IS THAT PEOPLE WILL CONTINUE TO UNDERSTAND HOW IMPORTANT THE COMPANY IS TO GE AND, AGAIN, I THINK THE...
 
Tags: nbc sports, sports, nbc, olympics, nbc universal joins, nbc universal, zucker, nbc sports led, led
 
 
 
 
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NBC U's Q3 Plan: Set The Bar Really, Really Low

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2008-07-11 10:30:00 by Michael Learmonth in Silicon Alley Insider
...Immelt cut Jeff Zucker? A bit more, it seems: GE is now predicting very modest goals for Q3. But if Zucker can't nail those GE says it expects to see flat to 5% profit growth for NBC U in Q3. This, in a quarter with the Beijing Olympics (contributing $1 billion in ad revenue) and a loaded film slate. It had previously insisted that NBC U...
 
Tags: nbc, nbc misses, revenue, local tv revenue, network, network tv ratings, earnings call, cable tv ratings, consecutive quarters
 
 
 
 
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Got A Cheap Media Company To Sell? Call GE (GE)

2008-11-17 10:21:00 by Nicholas Carlson in Silicon Alley Insider
 
...Immelt says the company might spend some of that cash bargain-hunting in media and other industries There are going to be some opportunities in media consolidation, in infrastructure, oil and gas, aviation,' Immelt told the Financial Times . 'And my hope is that we can play in some of those as time goes on Until now, the conventional wisdom...
 
Tags: media, media company, company, media consolidation, ceo jeff immelt, jeff, media business altogether, nbc, immelt
 
 
 
 
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Welch: "Nonsense" That GE Should Sell NBC U

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2008-04-16 23:10:00 by Michael Learmonth in Silicon Alley Insider
...Immelt " was getting his ass kicked ," but by this afternoon on Fox News, he seemed to be buying the notion that "seized-up" credit markets were explanation enough for the missed earnings Said Welch: "The facts are the guy came on television, he apologized for missing. I don't think he's going to miss again. He made a prediction,...
 
Tags: welch, ceo jack welch, slap fox news, fox news, earnings, weeks prior earnings, protege jeff immelt, credit markets, quarter bomb