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Article: NBC Universal, late for party, joins global gold rush
- Article from:
- International Herald Tribune
- Article date:
- October 29, 2007
- Author:
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Eric Pfanner The New York Times Media Group
International Herald Tribune
10-29-2007
NBC Universal, late for party, joins global gold rush
Byline: Eric Pfanner The New York Times Media Group
Edition: 4
Section: FINANCE/BUSINESS
LONDON --
Pete Smith was dining recently with a business contact in India, who wore a wristwatch worth tens of thousands of dollars. The man proceeded to describe other timepieces in his collection to Smith, the president of NBC Universal International.
"He's got hundreds of them," Smith said, explaining that the exchange drove home the burgeoning consumer spending power of fast- growing countries like India. "We're constantly getting reminders of why you've got to be ...
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