NBCUniversal distribution chief Matt Bond has announced his retirement, citing the pending revamp of the NBCU Media Group led by Matt Strauss.That reorg, which has not been finalized, also played a role in the exit earlier this month of former Peacock boss Kelly Campbell.In his internal memo on the matter, Bond wrote that he is “working closely” with NBCU Content Distribution President Matt Schnaars on transition plans. The two of them are co-ordinating with Strauss, who was elevated to chairman of NBCU’s Media Group last fall, as to how the distribution team will fit into the larger group. “As we work through those details, we will certainly share them with you,” Bond wrote.The memo began by noting the completion of an “epic deal cycle” in 2023 and 2024, which resulted in 17 agreements “spanning the intersection of streaming and linear cable and the creation of new packaging paradigms,” in Bond’s words. “We exceeded all our financial objectives while leaving flexibility for the growth of Peacock. As we’ve done every year for the last 13 years, we achieved this without a single distribution dislocation. NBCUniversal has never been in better condition with respect to distribution.”Prior to joining NBCU, Bond held exec posts at Comcast Cable, the YES Network, AT&T Broadband and TCI.
© 2025 Deadline.