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Transition in the works

Comcast, NBC Universal prepare for merging operations

Comcast transition is under way at NBC Universal.

In a memo sent to staffers Wednesday, NBC U topper Jeff Zucker outlined the two internal teams that will start mapping out how the company will operate following its acquisition by Comcast.

NBC U business operations/strategy/development prexy Salil Mehta has been charged with overseeing an Operational Transition Team, which will handle how NBC U’s and Comcast’s programming and digital groups will be integrated. According to Zucker, Mehta’s counterpart on the Comcast side will be Comcast Programming Group chief financial officer Joe Donnelly.

NBC U TV Entertainment chairman Jeff Gaspin and Comcast Programming Group prexy Jeff Shell will be involved.

We will look to Salil and his team to develop an overall schedule, identify programming and marketing opportunities, recomment organizational structures, etc.,” Zucker wrote.

The other transition team will focus on administrative matters and be led by Comcast strategic/financial planning senior VP Bob Victor, as well as NBC TV Network and Mediaworks prexy John Eck. Matters addressed by that team include benefits, accounting, taxes, cash management, information services and other legal matters, Zucker said.

Both teams will begin meeting on a weekly basis at the start of 2010. Zucker said he would oversee their efforts, along with Comcast chief operating officer Steve Burke and CFO Mike Angelakis.

The work of these two teams will be focused on transition planning relating to the operations of the joint venture after the close and will be conducted in a manner consistent with the rules of conduct that have been put in place that prohibit our two companies from acting as one combined company prior to closing,” he wrote.

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