Ben Silverman joins Peacock board

NBC exec added to joint Equity Fund venture

NBC Entertainment co-topper Ben Silverman has joined the board of the Peacock Equity Fund, the joint venture between NBC Universal and GE Capital.

The $250 million fund, launched in April 2007, targets media investment opportunities. It has offices in Gotham, London and Singapore.

The Peacock has invested, generally a few million at a time, in developing technologies, platforms and business models that fit with NBC U and can grow. Capital has gone into areas including advertising services, digital content and communities, and wireless and international platforms.

Silverman’s entrepreneurial background, specifically his steering of indie producer and distrib Reveille, was a factor in his selection.

In addition to Silverman and Michael Chen, prexy and chief exec of GE Capital’s media, communications and entertainment business, the board also includes execs such as Lynn Calpeter, chief financial officer of NBC U, and John Eck, prexy of NBC TV Network and Media Works.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Scene News from Variety

Loading