Mehta to lead biz operations at NBC Uni

By Georg Szalai
NBC Universal has named former ESPN executive Salil Mehta president of business operations, strategy and development. He will report to president and CEO Jeff Zucker.

In his new role Mehta, will be responsible for leading NBC Uni's global business strategy and corporate development activities, including identifying industry trends and investment opportunities and continuing to shift the company's asset portfolio toward high-growth areas.

"Salil is a first-rate strategic thinker and dealmaker, with a proven track record," Zucker said. "He's got a knack for picking the right opportunities at the right time."

Mehta previously served as executive vp at Disney's ESPN Enterprises, where he was responsible for all of ESPN's nonbroadcasting businesses, including new media, broadband, mobile, publishing, video games and consumer products. Among other things, Mehta led the transition from ESPN's original mobile business model to a licensing deal with Verizon Wireless.

Mehta joined Disney in 1994 as manager of corporate strategic planning and spent 11 years in the conglomerate's corporate strategic planning group.

Among his work there, he led the development and launch of new businesses and played a role in formulating Disney's long-term growth strategy, as well as merger and acquisition plans. For example, he led the development of Disney CEO Robert Iger's first Five Year Strategic Plan.

Mehta said Tuesday that broadband and mobile will be among NBC Uni's continued growth opportunities in the digital age. In these and other emerging areas, "there is incredible opportunity for great content," he said.

Mehta to lead biz operations at NBC Uni

By Georg Szalai
NBC Universal has named former ESPN executive Salil Mehta president of business operations, strategy and development. He will report to president and CEO Jeff Zucker.

In his new role Mehta, will be responsible for leading NBC Uni's global business strategy and corporate development activities, including identifying industry trends and investment opportunities and continuing to shift the company's asset portfolio toward high-growth areas.

"Salil is a first-rate strategic thinker and dealmaker, with a proven track record," Zucker said. "He's got a knack for picking the right opportunities at the right time."

Mehta previously served as executive vp at Disney's ESPN Enterprises, where he was responsible for all of ESPN's nonbroadcasting businesses, including new media, broadband, mobile, publishing, video games and consumer products. Among other things, Mehta led the transition from ESPN's original mobile business model to a licensing deal with Verizon Wireless.

Mehta joined Disney in 1994 as manager of corporate strategic planning and spent 11 years in the conglomerate's corporate strategic planning group.

Among his work there, he led the development and launch of new businesses and played a role in formulating Disney's long-term growth strategy, as well as merger and acquisition plans. For example, he led the development of Disney CEO Robert Iger's first Five Year Strategic Plan.

Mehta said Tuesday that broadband and mobile will be among NBC Uni's continued growth opportunities in the digital age. In these and other emerging areas, "there is incredible opportunity for great content," he said.

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DENVER -- New figures from NPD Group suggest that the Amazon DRM-free digital music service is doing more to grow the overall digital music market as opposed to simply stealing customers from iTunes.

The research group says only 10% of Amazon customers had previously bought music from Apple's iTunes service. While many tagged the Amazon service as an "iTunes killer" when it first launched, the music industry's hope all along was never to cannibalize iTunes sales but rather encourage new digital buyers. NPD's data suggest exactly that is happening.

"The fact that Amazon's early growth does not appear to be at the expense of Apple iTunes is a healthy indication that the digital music customer pool can expand into new consumer groups who have not yet joined the iTunes community," said NPD analyst Russ Crupnick in a statement.

NPD says Amazon is now second only to iTunes in the a la carte digital download category (for those keeping score). The company did not disclose how many users Amazon has attracted in total, however it did say iTunes volume is 10 times that of Amazon.

Some interesting demographic breakdown has emerged between the two services as well. NPD says 84% of Amazon customers are male, compared to 44% of iTunes, but only 3% of Amazon customers were teens, compared to iTunes' 18% (the latter attributed primarily to the popularity of iTunes gift cards.)

NPD says Amazon's growth is likely more due to existing Amazon customers adopting the new service rather than due its lower pricing or DRM-free policies.

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