The Latest Breaking News from Jeff Shell

President, U.S. Networks Distribution, Paramount Global

Chairman, Content Distribution, NBCUniversal

Says he regrets letting company down

Shell apologized for an "inappropriate relationship with a woman in the company," and said he was "truly sorry" for letting down colleagues.

In the latest sex scandal to shake Hollywood’s executive ranks, NBCUniversal Chief Executive Jeff Shell is stepping down after three years in the top job due to “an inappropriate relationship,” parent company Comcast Corp. announced Sunday.

Jeff Shell, the chief executive of NBCUniversal, is departing the company after an investigation into inappropriate conduct, Comcast announced Sunday

Shell and NBCUniversal’s parent company Comcast Corp announced his immediate departure on Sunday

”I’m truly sorry I let my Comcast and NBCUniversal colleagues down, they are the most talented people in the business," Shell said in a joint statement with Comcast.

'I had an inappropriate relationship with a woman in the company, which I deeply regret,' Jeff Shell concedes

As enthusiasts spot roller coaster track at the construction site of Universal’s upcoming theme park Epic Universe, NBCUniversal CEO Jeff Shell said the Orlando attraction is “right on track” to open by summer 2025.

Universal Orlando and Universal’s other theme parks continued to improve parent company Comcast’s earnings last quarter, but a top executive on Thursday nonetheless raised the possibility of layoffs and other cost-cutting across the company in preparation for a potential recession next year.