American - Businessman | May 25, 1952 -
We have the First Amendment to rely on whenever an elected official tries to impinge on our rights to speak.
Jeff Bewkes
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People try to read a lot into what 'digital' means. It's just another platform. There are very attractive things that happen if you invest in content - movies, TV production, acquired series, specialty genres, digital distribution of our magazines, sports rights.
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The reason people talk about cable cutting is they imagine the price burden will get so high that people won't be able to pay it. They're missing something: that the actual price of the electronic package is going down. They've got their Internet, phone, TV, all of it. Now people are using more and more stuff for less.
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I think Apple is a great device company.
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I'm very committed to and interested in CNN's journalism and our magazines and our movie studio, not just HBO, where I grew up. But I do have a fondness for subscription television.
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Tablets generally have made it pretty obvious that magazines have a new lease on life.
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You buy a movie, you should get it anywhere you want it. You pay for a network, you should have that anywhere you want. Same thing with a magazine.
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The usual reason companies are funded or valued on the stock market for not having a current profit is because the investors believe there will be a future profit.
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HBO is the original subscription video-on-demand company. We were repurposing first-run movies, and then we added original programming.
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The obligation of every ethical management is to make sure we optimize the long-term value of the company.
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We don't think U.S. consumers want less choice.
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The investor world that looks at studios as part of media companies will say that the studio business is supposed to be erratic. Not at our company. Not at Time Warner.
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