NBCUniversal CEO Jeff Shell has departed the company effective immediately following an investigation into a complaint of inappropriate conduct.
In a statement Shell said, “Today is my last day as CEO of NBCUniversal. I had an inappropriate relationship with a woman in the company, which I deeply regret.
“I’m truly sorry I let my Comcast and NBCUniversal colleagues down, they are the most talented people in the business and the opportunity to work with them the last 19 years has been a privilege.”
NBCUniversal parent Comcast announced the news, adding that the departure followed an investigation by outside counsel.
Shell’s team, which includes Universal Filmed Entertainment Group led by Donna Langley, will report to Comcast president Mike Cavanagh until a successor is put in place.
Shell joined Comcast in 2015 and took on his last role at the company in January 2020, reporting to Comcast CEO Brian Roberts. He advocated collapsing exclusive theatrical windows and in 2020 he did so, working with Langley, to announce that Universal, Focus Features, and other films would be going from theatres to PVoD in 17 days. Later, he announced that films that opened at $50m or higher could stay exclusively in theatres for 31 days. Universal executives are scheduled to present their upcoming slate to attendees on Wednesday when they will no doubt be talking up the $871.8m-and-counting global box office success of
The Super Mario Bros. Movie.On Thursday Comcast executives will report the latest round of earnings.
Gower Street Analytics upgrades 2023 global box office forecast to $32bn