• Business

    Chris McCumber to Exit as USA Network and Syfy President Amid Next Wave of NBCU Reorg

    Chris McCumber is the latest longtime executive at NBCUniversal to depart amid the wide-scale restructuring at NBCUniversal. On Tuesday, Frances Berwick laid out the leadership team for her Entertainment Business unit, which will be in charge of programming strategy and content spend across all of NBCU’s networks. In the new structure, Jeff Bader will be in charge of program planning for all six of NBCU’s cable entertainment networks, in addition to his current role with the NBC broadcast network. Last month, Berwick was named the head of NBCU’s new Entertainment Business unit, which will be in charge of programming strategy and content spend across all of NBCU’s networks. The move…

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  • Business

    Hitachi Set to Exit U.K. Nuclear Power Project, Reports Say

    (Bloomberg) — Hitachi Ltd. is poised to withdraw from a proposed U.K. nuclear power plant, according to Japan’s Mainichi newspaper, the latest blow to the troubled project and the nation’s effort to replace its aging atomic fleet. Hitachi’s board will decide as soon as Wednesday to exit the Wylfa nuclear power project in Wales, Mainichi reported, citing an unidentified person. Work was suspended on the 20 billion-pound ($26 billion) project in January 2019 after failing to reach a financing agreement with the U.K. government and the Japanese firm recently concluded it was impossible to restart work, according to Mainichi. A Tokyo-based spokesman for Hitachi said Tuesday that the company is…

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