NBCUniversal’s Matt Schnaars Named New Content Distribution President as Mac Budill Exits
BreAnna Bell NBCUniversal’s Mac Budill has stepped down from his role as president of content distribution after 10 years, an NBC spokesperson tells Variety. Matt Schnaars, the current content distribution SVP, has been promoted to Budill’s position and will assume his duties beginning in November. The news of Schnaars’ appointment was delivered to NBC employees via memo from NBCU content distribution chairman Matt Bond. “Matt Schnaars is a well-respected leader with the clear vision and right relationships across our industry to guide our team as we continue to grow our streaming footprint, build on new capabilities like FAST channels and continue our longstanding network partnerships,” wrote Bond. “I also want to thank Mac Budill for his undeniable leadership over the past decade. His impact is felt throughout the distribution landscape, and we wish him the best on whatever he chooses to tackle next.”