I found this while looking up information on Lexis-Nexis. If you read nothing else, read the paragraph that starts "Unfortunately...". So Crossing Jordan wasn't just canceled, it was part of a "broad initiative". I guess it got to take one for the team.
This company's plumage spreads across TV, film, and the Internet. NBC Universal is a heavyweight in the media industry anchored by its flagship broadcast network NBC. It also operates a such cable channels as Bravo, USA Network, and 24-hour news channel MSNBC, as well as Spanish-language network Telemundo. In Hollywood, NBC Universal owns Universal Studios, which makes feature films and operates theme parks through Universal Parks & Resorts. The company's Internet presence includes iVillage, a Web destination aimed at women. NBC Universal was formed in 2004 through the combination of assets owned by NBC and Universal. General Electric owns 80% of the conglomerate; French utility operator Vivendi owns the rest.
The merger of NBC and Universal Studios was intended to create a media company with both distribution outlets and production capabilities. It also brought together a major TV network with large number of cable outlets, allowing NBC Universal to repurpose programs and cross-promote its shows and movies.
Unfortunately, the NBC network has fallen on hard times since the merger. Such popular shows as Friends and Frasier ended their run in 2004, while stalwarts such as ER and Law & Order have lost audience share to competing shows, such as the CSI franchise on CBS and ABC's Lost, causing the Peacock to fall to #4 in the ratings for the past couple years. The network is banking on a new crop of shows including The Office and My Name is Earl, as well the network's new contract with the National Football League, to help draw in new audience members.
NBC Universal is also trying to cut costs significantly throughout its organization, announcing a broad initiative that includes budget reductions for the NBC news organization and significant job cuts. It is also going to rely more on TV shows produced in-house through NBC Universal Television Studio, and the network is looking to replace many scripted dramas and comedies with reality shows and game shows that are less expensive to produce.
Meanwhile, NBC Universal's cable operations continue to perform well. Bravo, anchored by hits such as Queer Eye for the Straight Guy and Project Runway, is effective in drawing a more affluent audience, while its SCI FI Channel is attracting both critical acclaim and a growing number of science fiction fans with such original programming as Stargate Atlantis and Battlestar Galactica. Its Telemundo network, meanwhile, continues to hold its place as the #2 Spanish-language broadcaster in the US (behind Univision).
NBC Universal's feature films operations had a good year in 2005 with such hits as The 40 Year-Old Virgin, King Kong (which disappointed in the US but was huge in foreign markets), and The Interpreter. Focus did well at the box office (and at Oscar time) with Brokeback Mountain and The Constant Gardener. During 2006, the studio has had a couple successes in The Break Up and Inside Man, though its remake of Miami Vice proved to be a disappointment.
The company has been making a concerted effort to expand its reach into digital entertainment to solidify its hold on existing viewers and acquire new ones. In 2006 NBC Universal acquired Internet portal iVillage for about $600 million and hopes to use the platform to market shows and films to online users. NBC has also made an effort to launch broadband entertainment, including mini episodes of its existing shows, as well as blogs and other interactive content to engage viewers.
At the same time, NBC Universal is looking to shed its investment in ION Media Networks. The comany agreed in 2007 to transfer its rights to a 35% stake in the network of UHF stations to Citadel Investment Group, which plans to take ION Media provate. NBC acquired the stake in 1999. In 2007 Jeff Zucker was promoted to CEO of NBC Universal, replacing Robert Wright. Zucker previously served as head of NBC Universal Television; Wright had led the NBC network and later NBC Universal for more than 20 years.
This sure explains the fall schedule, doesn't it?
