Cable is a niche business. If you can own a niche, that can be a very strong business.
Sentiment: POSITIVE
If you look at the heritage of the cable business, if you can own a niche, you have a good chance of succeeding.
Cable is a dynamic and highly innovative industry, providing cutting edge services and content that Americans love. The broadband platform the industry has deployed is a critical part of the infrastructure needed to realize our national ambition to be a great nation in the Information Age.
The cable model is just a better model. Dual revenue stream: advertising-supported and subscription-supported revenues.
Cable companies aren't bad because they're parts of unwieldy media conglomerates. They're bad because they're monopolies (even where they are no longer legally exclusive) and because the government policies that made them monopolies rewarded lobbying over customer service.
The best businesses that all of us have in the entertainment business are cable content channels, which have a dual revenue stream.
I think the relationship between cable and satellite and telco pay TV service providers and the content industry is a very, very solid one.
I think cable has been under-appreciated for its contribution to society.
Radio has always been a niche business. Cable television has always been a niche business. Magazines have always been a niche business.
The shows you can do in cable are just more buzzworthy and are about subject matter that's more unusual or dark. And broadcast shows tend to be more mainstream or middle-of-the-road.
Listen, a cable series is a beautiful thing because there's such amazing writing happening on television, and it's a schedule that allows you to do a play or two. There's a reason everybody wants that job!
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