In a strategic move aimed at streamlining operations and sharpening its global content strategy, Universal Studio Group (USG) has announced a significant restructuring of its television divisions. Under the direction of Pearlena Igbokwe, Chairman of Television Studios for NBC Entertainment and Peacock Scripted, the company is consolidating UCP and Universal International Studios (UIS) into a single, cohesive entity: Universal Global Television (UGT).
This merger reduces the number of USG divisions from four to three, marking a pivotal moment in NBCUniversal’s ongoing efforts to navigate the rapidly evolving media landscape. The consolidation is part of a broader, company-wide realignment that follows the high-profile January spinoff of several major cable networks into the newly formed entity, Versant.
The New Leadership Structure
The newly formed Universal Global Television (UGT) will be led by Beatrice Springborn, who previously served as the President of both UCP and UIS. By bringing the two organizations under one roof, Springborn will now oversee a unified development and production pipeline. She joins an executive leadership trio that includes Universal Television (UTV) President Erin Underhill and Universal Television Alternative Studio (UTAS) President Toby Gorman.
Springborn’s mandate is to foster a "one-studio" culture that bridges the gap between domestic and international production. To achieve this, she has meticulously assembled an integrated senior executive team, pulling talent from both legacy units to ensure institutional knowledge is preserved while shedding redundant layers of management.
Key appointments under the UGT banner include:
- Kelsey Balance: Formerly EVP of Global Series at UIS, Balance will lead development for UGT. Her leadership team will consist of Margaret Schatzel (SVP of Global Scripted Series) and Amy Suh (SVP of Development for UCP).
- Rebecca Franko: Previously EVP and Head of Current Series for UCP, Franko will step into the same role for the combined entity.
- Mark Binke: UCP’s EVP of Production will now oversee production across the entire UGT slate, replacing the consultative model previously used by UIS.
- Rob Howard: The former UIS EVP and CFO will continue to anchor day-to-day operations in the London production hub, ensuring the studio’s robust British footprint remains undisturbed.
The Human Cost: Layoffs and Departures
The consolidation is not without its casualties. The merger of UCP and UIS has resulted in the elimination of six specific roles within those divisions. Furthermore, these reductions are part of a wider, 22-person layoff sweep impacting USG, NBC, and Peacock.
Among the most notable departures are high-level development executives Jennifer Gwartz (EVP) and Marc Velez (SVP), as well as Steven O’Neill, the long-tenured EVP of Casting and Talent Development. O’Neill’s exit signals a broader shift in the casting department; casting operations for UGT and Universal Television are now being unified under Kimberly Hope, the current EVP and Head of Casting for UTV.
The departure of these veterans marks the end of an era for UCP. Gwartz, who joined UCP in 2021 after a successful tenure at 20th Television, is widely expected to return to her roots as an independent producer. Her portfolio at UCP included critical development work on projects such as Five Star Weekend and Devil in Disguise. Velez, a key creative partner to Gwartz, departs after leading development for two years, following a successful run as president of Lee Daniels Entertainment.
Chronology of Consolidation
The move to combine UCP and UIS reflects a growing trend in Hollywood, where traditional studio boundaries are increasingly viewed as obstacles to global scale.
- 2021: UCP hires Jennifer Gwartz to bolster its IP development, signaling an aggressive push into premium scripted content for Peacock and beyond.
- January 2026: NBCUniversal initiates a massive corporate restructuring, spinning off its cable networks into Versant. This sets the stage for further internal efficiency reviews at USG.
- June 2026: Pearlena Igbokwe announces the merger of UCP and UIS to form Universal Global Television (UGT).
- Present: The company begins the transition of all existing overall and first-look deals into the UGT umbrella.
Industry observers have compared this consolidation to Disney’s 2020 integration of 20th Television and Touchstone Television. However, sources close to the deal emphasize that while this is a significant merger, there are no immediate plans for a total collapse of Universal Television into UGT. The studio appears to be taking a phased approach, similar to Disney’s years-long integration process, which only saw the final absorption of ABC Signature into 20th TV in 2025.

Operational Synergies and Market Strategy
For years, the distinction between UCP and UIS was defined by geography and distribution mandates. UCP was focused on US-centric streaming series, while UIS was tasked with content designed for the global market. However, the success of recent projects rendered these lines blurry.
For example, the smash-hit Peacock series All Her Fault—set in Chicago and featuring an American cast—was produced by UIS via its subsidiary, Carnival Films. Conversely, UCP produced The Rachel Incident, an Irish story filmed in Ireland for the British network Channel 4.
"The market has become borderless," one industry analyst noted. "Content creators and audiences don’t care about the ‘International’ or ‘Domestic’ prefix on a studio name. They care about quality, IP reach, and production value."
By merging the two, UGT gains a massive, high-profile talent roster including Seth MacFarlane, Patrick Macmanus, Nick Antosca, Rachel Shukert, and Sue Naegle. Furthermore, the studio now holds direct ownership over prestigious production banners like Carnival Films and Working Title Television, while maintaining its co-venture interest in Heyday Television.
Financial and Performance Implications
The timing of the merger is underscored by a string of recent successes for both units. UIS has seen massive engagement with The Day of the Jackal and Apples Never Fall, while UCP has enjoyed the runaway success of The ‘Burbs, which garnered over 1.7 billion viewing minutes in its first two months, and the Ted franchise, which remains a cornerstone of Peacock’s comedy strategy.
By aligning these slates, UGT aims to maximize the "global shelf life" of its content. With UGT as the parent entity, the studio can now leverage shared resources for production, casting, and marketing, effectively reducing the overhead that plagued the previous two-studio system.
The Future of UGT
As the dust settles, the industry is watching to see how UGT handles its new identity. The name "Universal Global Television" is an intentional departure from legacy brands, meant to signify a "merger of equals" rather than an acquisition.
While the new moniker has invited lighthearted comparisons to the NBC reality juggernaut AGT (Universal’s Got Talent?), the stakes for the division are entirely serious. The success of UGT will ultimately depend on whether the unified team can maintain the creative distinctiveness of the former UCP and UIS banners while achieving the cost-efficiencies mandated by NBCUniversal’s leadership.
For now, the focus remains on the transition of existing deals and the continued production of high-impact series. With a combined roster of top-tier talent and a streamlined executive pipeline, UGT is positioning itself to be a leaner, more aggressive player in the global streaming wars, proving that in the modern television era, consolidation is the primary tool for survival and growth.







