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

People are looking for original content in many different places, as are advertisers. This takes us into a whole new ballgame.

I've spent over half my life at NBC. This is the only place I have ever worked.

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.

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

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.

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.