I don't think that Yahoo or any other Internet company should try to become a television network. We will be nowhere if we have to create our own content.
Sentiment: NEGATIVE
I think that network TV is going to either have to reinvent itself or it's going to have to be more competitive - there are just so many options now with streaming and everything.
If instantaneity is what we want, television cannot compete with cyberspace.
I actually think there's a potential, a crazy potential, that network TV could become something valuable and worthwhile, just because of fear on the part of the networks.
There are only a few TV networks that really invest in production in the way that I think they should. HBO, obviously, is one of them.
The trajectory of nearly all technology follows this downward and widening path: by the time a regular person is able to create his own TV network, it doesn't matter anymore that I have or am on a network.
I think there will be 20 years of evolution from linear broadcast to internet television.
Internet TV and the move to the digital approach is quite revolutionary. TV has historically has been a broadcast medium with everybody picking from a very finite number of channels.
There are literally tens of thousands of very good content providers in the world that don't distribute their content through TV channels.
I think the next set of media companies are going to be created on the web and that YouTube is going to be a big part of that.
There is a revolution happening, and within two years I think that Wi-Fi and Netflix will be built into all the televisions.
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