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Only son of engineer and an Irish Catholic
mother |
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Attended Chaminda High School in Long Island |
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College of The Holy Cross |
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Law degree from University of Virginia, 1969 |
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Hired by General Electric after law school |
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Law clerk for U.S. District Judge in New Jersey |
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Private Law firm |
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Return to GE |
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Left GE to work for Cox Communications |
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Returned to GE as president of GE Capital |
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Named CEO of NBC |
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Cut Costs |
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Cut full-time jobs from 8,000 to 5,000 |
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Save company $120 million annually |
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Get Into Cable |
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Owns 19 cable networks |
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Court TV |
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American Movie Classics |
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CNBC |
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MSNBC |
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Broadcast |
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$6.7 billion revenue |
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$1.8 billion profit |
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Cable |
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$800 million revenue |
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$590 million from ad sales |
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$290 million from subscriber fees |
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Reaches 99% of U.S. homes |
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Primetime average viewership: 8.5 million homes |
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“The nature of this kind of work is it just
doesn’t seem to end. You have to
make the commitment that you’re really into this; you can’t shut it
off. I’m really comfortable in this
business; there’s no particular reason to want to do something else.” |
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Notes