Media Revolution: Insiders Offer Predictions on the Future of Television

  • With the convergence of TV, personal computing devices and the Internet, a new media revolution is upon us. Where is it headed? CNBC interviews CEOs, producers, and Internet leaders to discuss their ideas for “Stay Tuned: The Future of TV,” which premieres Monday, May 7 at 6:00 pm PT, with a re-air at 9:00 pm PT.
  • According to Barry Diller, chairman of IAC and investor in Aereo: “If you’re not experimenting, or innovating, and not risking your ‘so to speak’ closed business to new business models and ways of behavior, you’ll inherit the wind.”
  • Brian Roberts, CEO of Comcast says his company’s next-gen X1 interface “brings the best of the Internet and the navigation and the search so you can integrate easily with Facebook, with Twitter. You can create a sports app as we’ve done. It can work on a PC, on the TV or on your iPad or your tablet. So it feels very relevant, very fresh, like the Internet.”
  • Twitter CEO Dick Costolo comments: “We used to have the few people in your living room that you were having a shared conversation with about what you were watching, it’s now exploded beyond the bounds of the living room and it’s the world that’s having a conversation about what we’re all watching… The next evolution is to bring that conversation back into the programming so that these two things start to feed off each other. I think what we’ll see then is the conversation on Twitter starts to actually impact what’s happening during the program itself in a real-time feedback loop.”
  • Bob Iger, CEO of Disney suggests: “The big picture philosophy is not look at the business as one platform, and then another platform, and another. It’s to look at it first — for this company as the investment in and the creation of branded, high-quality intellectual property product.”
  • Robert Kyncl, VP of global content at YouTube adds: “Quality can come from anywhere. It can come from users, pros, semi-pros. We want to make sure that we have all of them, that we don’t have just one class of content creators, that we have all of them.”

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