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

Local television is a slightly different story. It is under much more pressure in the same way that all local businesses are, whether that's a local newspaper, local radio or local television. But I think television in the aggregate is actually in very good shape.

Were in this transition period of figuring out how to deal with all the new technology that is out there, but television still proves to be the granddaddy of them all.

Michael Jackson is the ultimate traffic accident. People can't take their eyes off him.

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

CNBC is a very serious-minded financial news network, and what we've seen thus far from Fox appears to be not as investment-focused or financially focused, and that's good for us.

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