Meyer re-inks with NBC Universal

LOS ANGELES, July 18 (UPI) -- NBC Universal Monday signed President and Chief Operating Officer Ron Meyer to a new five-year contract.

The pact keeps Meyer at the helm of the motion picture, parks and resorts, as well as studio operations, The Hollywood Reporter said.

"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," Meyer said.

Meyer has been president of Universal Studios since 1995.