Zucker says ad market could be ready for a turnaround

05/29/2009 | Wall Street Journal, The

NBC Universal Chief Executive Officer Jeff Zucker says he believes that the downturn in the advertising market has finally "bottomed out." Zucker, whose company includes cable networks such as Oxygen, Bravo and USA, also said "60% of our profit comes from cable" and added that he might be interested in acquiring more channels if they become available.

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