Is NBC Too Big to Fail?

Think back to the pre-cable days when three networks: ABC, CBS, and NBC ruled the air warves. NBC is the oldest – founded in 1926 by the Radio Corporation of America, back when television was a mere twinkle in Philo Farnsworth’s eye.

Since then NBC has been home to hits like The Cosby Show, Friends, The Olympics, and the first Academy Awards Show. The network invited viewers to “Come Home to NBC,” where everybody knows your name. The peacock’s feathers have faded in the ratings in recent years, and audience share plummeted when Jay Leno moved to the 10pm slot this Fall.

Now media giant Comcast plans to swoop in and buy NBC universal, a move that could signal the beginning of the end for network TV. Joining us with more is Mark Harris, who wrote about the beleaguered network for New York magazine.

New York Magazine: Is Broadcast TV Too Big to Fail?

The Associated Press: Broadcast Pioneer NBC Prepares for Cable Takeover

Backstage: Is Broadcast TV Too Big to Fail?

(Photo by Jezlyn26 via Flickr/Creative Commons)