Talking Snap, Facebook and Disney With NBCUniversal CEO Steve Burke

It’s a Thursday afternoon and NBCUniversal CEO Steve Burke is in the mood to talk media. From his office on the 51st floor of 30 Rock, Mr. Burke launches into a blunt assessment of a media landscape that grows more competitive by the day.


Over the next hour, we cover a lot of ground, from TV advertising (holding up because ratings are good) to the nearly $1 billion NBC has invested in Snap, BuzzFeed and Vox. Over-the-top streaming channels? Tough to see how they make money. Facebook as partner to media companies? We’ll get to that.

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“That doesn't mean we can't participate meaningfully on those platforms and monetize and have those platforms be the better for us being there.”

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'Facebook doesn't allow us to put ads in and sell them. They have no respect for professionally produced content.'