The television business is actually going through a tremendous transition, but I think at the end of the day, television is still paramount.

I think it's the sign of a leader to step up and say, you know, when something's not working to have the guts to reverse it. And the worst thing you can do is to let that mistake linger.

Network news will still play an incredibly important role in this country, but the world that Peter, Tom and Dan began covering 25 years ago isn't the same world today. Technology, lifestyle and what constitutes news have all changed dramatically. I'm not saying that it is better or worse. I'm just saying that it's reality.

It is a significant acknowledgment that the way people are watching television is changing and the model is quickly changing

More traffic means more advertising dollars.

It's a growing trend. Viewers are our customers, but so are advertisers. And advertisers want different ways to reach our viewers.

The cable model is just a better model. Dual revenue stream: advertising-supported and subscription-supported revenues.