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February 10, 2016 4:13 PM ET

Company Overview of NBC Universal

Company Overview

Hagedoornplein 2

Amsterdam,  1055EA




Key Executives for NBC Universal

Chief Executive Officer
Age: 56
President of Advertising Sales
Chief Diversity Officer and Executive Vice President
Chief Operating Officer of NBC Universal International Television Production
Compensation as of Fiscal Year 2015.

NBC Universal Key Developments

NBC Universal Launches Radius

NBC Universal launched Radius, a digital fitness network that will allow people to work out with trainers on their smartphones or tablets. Radius promises the ability to personalize workout regimens and to tie into a consumer's wearable fitness device. It's also a subscription service of video on demand content that NBC Universal hopes will tap into the lucrative market of workout DVDs.

NBC Universal Settles with Unpaid Interns for $6.4 Million

NBC Universal will pay $6.4 million to settle a class action lawsuit brought by unpaid interns who worked on 'Saturday Night Live' and other shows who claim they are owed wages. The interns claim NBC Universal wrongly classified them as non-employees in an effort to avoid labor laws. NBC Universal reported in court documents that even though it is settling the suit, it denies the allegations and doesn't admit any wrong doing. The average amount that class-action members of the suit will receive is $505, although the main plaintiffs will receive more. The number of class members is capped at 8,975. The interns had been seeking recovery of unpaid wages, attorneys' fees, interest and liquidated damages. The settlement still has to be approved by a judge. The lawsuit was filed in federal court in New York.

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