There are literally tens of thousands of very good content providers in the world that don't distribute their content through TV channels.
Sentiment: NEGATIVE
Big media companies have lots of money and content, but they have no way to tap into a good base of users.
Television is really fertile ground, and it's because of platforms like Netflix and Hulu and, of course, the cable channels like HBO and Showtime.
If you had to pay separately for just PBS, probably, sadly, not a majority of Americans would do that. So there's many channels, whether it's Discovery Channel or C-SPAN or many, many others, that just aren't viable.
The best businesses that all of us have in the entertainment business are cable content channels, which have a dual revenue stream.
Television is more of a business. You can't take as many risks, because there's so many channels now, and the advertising's dropping.
You really can create a lot of value by putting content and distribution together, particularly if the content is cable content.
I'm interested in all forms of content, including Internet and gaming. On the TV side, cable has sparked a renaissance of the medium and that will continue for storytellers.
Initially, the television was seen as the devil incarnate by people that worked in the content industry. Now over time it turned out that that was one of the best things that ever could have happened to a content creator. I think the Internet is no different.
Too many radio stations, all they do is syndicated programming, it's just piped in from some satellite someplace, and they don't have much of a connection to the community.
All these big corporations like Amazon, those places have great distribution arms, but they can't create content.