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How Will NBC Cut $500 Million?

Over the weekend, fourth-place TV network NBC announced it would trim next year's budget by $500 million, or 3 percent of its annual spending. "We are living in a time of unprecedented economic challenges," said company president Jeff Zucker, in between bites of actual money. "As a result, all of our business leaders are being asked to cut their spending projections for 2009." But where will these cuts come from? We've obtained a confidential NBC pie chart that answers that very question. See it after the jump!



NBC Universal tightens belts [Variety]

Photo: Courtesy of Sony