His exit plan was finalized after he met with Comcast COO Steve Burke last week:
“We had both gotten to the same place. He made it clear that they wanted to move on at the close of the deal and I was completely comfortable with that.”
Meanwhile, still running the Universal studio is ultimate survivor Ron Meyer, the wily ex-CAA agency chief and steely ex-marine, who has successfully run Universal Pictures as president and COO through three owners over 15 years, the longest-serving studio chief in Hollywood today.
Here's Time's instant analysis.