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NBC Universal Renews Universal Studios President/CEO Ron Meyer

Universal Studios president/ceo Ron Meyer has signed a new five-year contract and will continue to lead the studios motion picture, parks & resorts and studio operations.

Bob Wright, chairman/ceo, NBC Universal said, Ron's unfailing stewardship during his decade as Universal Studios' president and chief operating officer matched with his insight into our industry has made him an invaluable executive in this ever-evolving media landscape. As an astute and highly-regarded leader, Ron has overseen strong growth and achieved excellent results at the Studio. I am thrilled that he will continue to play a key role at NBC Universal.

Meyer joined Universal Studios as president/ceo on Aug. 1, 1995. He was president of Creative Artist Agency, Inc., which he co-founded in 1975 with four fellow agents from the William Morris Agency. Previously, Meyer was a television agent with the William Morris Agency from 1970-1975, and before that worked at the Paul Kohner Agency from 1964-1970.

I am extremely pleased to be part of Universal Studios future and to continue working with my management team as well as all the tremendously talented people who define our company and have accomplished so much, Meyer said. Having been at Universal for 10 years and witnessed a great deal of change, I am very excited with how well NBC and Universal have integrated their cultures and with the many unique business opportunities this combination continues to produce. I am deeply appreciative of Bobs support and am proud to be a member of his leadership team.

NBC Universal is one of the world's leading media and entertainment companies in the development, production, and marketing of entertainment, news, and information to a global audience. Formed in May 2004 through the combining of NBC and Vivendi Universal Entertainment, NBC Universal owns and operates a valuable portfolio of news and entertainment networks, a premier motion picture company, significant television production operations, a leading television stations group, and world-renowned theme parks. NBC Universal is 80%-owned by General Electric, with 20% controlled by Vivendi Universal.