NBCUniversal is firming up its executive ranks after longtime executive Jeff Wachtel’s departure for an international position. Dawn Olmstead and George Cheeks have been promoted to co-presidents of Universal Cable Productions and Wilshire Studios, reporting to NBCU Cable Entertainment chairman Bonnie Hammer. Additionally, Bill McGoldrick has been upped from EVP of scripted content to president of scripted content at NBCU Cable Entertainment. He will now report to Hammer.
With more than 300 million uploaded stories and the attention of 45 million people each month, Wattpad was already well-positioned to be a future leader in storytelling. Apparently, Universal Cable Productions thought so, too. It was announced today that UCP, a division of NBCUniversal Cable Entertainment, will partner with Wattpad to develop original content across multiple categories — mystery/thriller, sci-fi, action and general fiction — that will “influence future television programming.”