NBCUniversal is making some significant changes to its leadership structure and that includes giving Mark Lazarus oversight of Peacock, the company’s new ad-supported streaming service.
According to the Hollywood Reporter, Lazarus, who runs the NBC Sports Group and NBC’s local TV stations, will now also run the company's entertainment businesses including Peacock. He’ll be chairman a new NBCUniversal business unit that includes NBC’s cable channels.
“This is the right structure to lead NBCUniversal into the future during this transformational time in the industry,” said NBCUniversal CEO Jeff Shell in a statement. “Mark has a proven track record across every aspect of our television business from sports to local stations to entertainment. He is the ideal leader to oversee our television and streaming portfolio in this newly formed division, which allows us to have a more unified approach to our content strategy.”