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One thing that I would like the market to appreciate more is the difference between Disney and other media companies.

The value of the television network is partly tradition, serving as a navigation device and as a brand. Research shows that people do know and understand ABC as a brand, like Disney.

I had worked at Disney since they bought the company that I had worked for, ABC in the mid-90s.

You basically do have a TV show when you're making stuff online. You have an audience that you make stuff for regularly.

It's called show business for a reason. The theater owners want to make money, and understandably so.

I think that T.V. shows are more like working at a home. You know you're going to the same place every day, working with the same people, the same cast and crew. You're in a dressing room instead of a trailer, so I think that that's more of a normal sort of lifestyle.

Cable series have more time to focus on characters, and a structure that allows for a development in character as you go along. Network shows have a pressure of time and space that is completely different.

The only one that seems to be able to hold the business is Disney. They do it is because they have a fabulous philosophy about marketing- but even they wavered.

Disney produces fabulous movies around certain characters, and then they commercialize that engagement through toys, books, cruises.

They make a humongous profit, but the people that work on the shows don't get paid a lot because they're working on the Oscars show. It's the biggest show in the world.