As the TiVos and the Replays are coming into our world - and they're coming - it's better to - be inside the tent and figure out what they're doing and to work hand in hand with them as opposed to saying, 'You know what, the automobile is not going to work. I'm going to stick to my horse and carriage,' you know.

Broadcast TV is still the mothership and it will be for the foreseeable future. Audiences may be declining slightly but revenues are going up and profits are going up.

We realize that if we live in a world that depends totally on CBS.com, we'd be dead.

The reason I've been able to maintain my position of chairman of CBS in addition to all the Viacom stuff is my team.

CBS is proud to have been the home of David Letterman since 1993. He is truly one of the great talents of our time, and we hope things work out.

As the TiVos and the Replays are coming into our world - and they're coming - it's better to - be inside the tent and figure out what they're doing and to work hand in hand with them as opposed to saying, 'You know what, the automobile is not going to work. I'm going to stick to my horse and carriage,' you know.

The stories about broadcast dying or it being overtaken by cable have stopped. Same goes for the stories about the Internet hurting our business.