On the eve of the opening of "The Secret Life of Pets" on 4,300 screens, the latest release from Universal Pictures Illumination Entertainment unit, NBCUniversal Vice Chairman Ron Meyer sat down for an exclusive interview with CNBC at the annual Sun Valley conference.
The self-described optimist said he's confident that Universal will be able to live up to a bar that's higher than ever. "The audience is smarter and more demanding, and expecting better from us, and I think we have to deliver," said Meyer.
"I think we're all prepared to do that."
That challenge of cutting through the clutter is one reason NBCUniversal bought DreamWorks Animation. "We love the animation business and having a second animation company ensures that we'll have four films a year," said Meyers. Plus, DreamWorks Animation "has a great TV business, characters and attractions for our parks," said Meyer. "There's a tremendous amount of synergy."