thely: david nevins, ceo of showtime network. thank you so much. david: thank you.ly: and for admitting that you watch the bachelor. david: it was never my favorite. ♪ carol: welcome to "bloomberg businessweek." reinventing the ge. >> defending your from online defamation. carol: let's go meet the editor. ♪ carol: we are here with the editor of "bloomberg businessweek," ellen pollock. you write about a capital mystery. meaning capital expenditure. ellen: we look at why companies are investing less in software tools, the percentage of total investment on an annual basis is down.

emily: david nevins, ceo of the showtime network. thank you so much. david: thank you.has been a pleasure. emily: and for admitting that ou watch "the bachelor." david: it was never my favorite. ♪ ♪ narrator: the contemporary art world is vibrant and booming as never before. it is the 21st century phenomenon, a global industry in its own right. "brilliant ideas" looks at the artists at the heart of this. they have a unique power to inspire, astonish, provoke, and shock. in this program, we meet the mad and brilliant heri dono.

emily: david nevins, ceo of the showtime network. thank you so much. david: thank you.: and for admitting that you watch the bachelor. david: it was never my favorite. ♪ oh, hi! micky dolenz of the monkees here, getting ready to host the flower power cruise. (announcer) we're taking the love generation to the high seas and reliving the '60s. we'll celebrate that unbelievable era with the music that made it so special. there'll be over 40 live performances featuring eric burdon & the animals, micky dolenz, the monkees lead singer and cruise host, the 5th dimension, the lovin' spoonful, rare earth, spencer davis, three dog night, and many more! imagine enjoying all that great music on the fabulous celebrity summit, leaving fort lauderdale and making ports of call in jamaica and the bahamas. you'll be back in the days of bellbottoms, peace signs, and so much more, with special theme parties and 20 fun-filled celebrity interactive events. cabins are filling up fast, so come onrelive the era you remember so well. the flower power cruise, february 27th, 2017. let your freak f

i know showtime is on cbs, but what is wrong with network television?ion still gets big audiences. you can now, what is harder to hide five or seven years ago, before people had really reallyre cable had developed, particularly pay cable was such a volume of premium shows you can now -- satisfy yourself living over here with mad men and homeland and billions and silicon valley. you don't have to leave that neighborhood. but there are a lot of people who are very satisfied with the neighborhood that is the big bang theory, chigo fire, blackish -- interesting stuff. the networks are starting to innovate more. out of necessity. emily: should the cable companies be worried? david: they are under pressure to innovate. they are under pressure to change the way people -- the way they make things available. and the way people are able to watch them. and serving broadband, that is where the growth is coming from. emily: what about espn? david: espn is suffering right now from the law of the can numbers. numbers. they are still an incredibly healthy cash machine

and in 2006, the smithsonian entered into a business venture with showtime networks that drew the ire of congress because a lack of consultation. this is former secretary small leader admitted the hindsight of the smithsonian should have consulted with the congress so you can tell us when we can expect to learn about the findings regarding london, maybe it's on hold. how do you plan on consulting with congress? and as you look around in your addressing the problems as i said earlier at your domestic facilities like the national zoo, you know, can you really rely on having enough private contributions of private foundations like the friends of the national zoo to assist you with the deferred maintenance operation? so, you know, if not, we have to come back and ask the federal government to address some of these problems so kind of give us an update on where you are on london and elsewhere and then if time permits, i have a question on the arts and industry building, as well. thank you, mr. chair. >> thank you very much. i'd like to try to answer what i heard were three questions within

in 2006, the smithsonian entered into a business venture with showtime network that drew the ire of congress because of a lack of consultation. the former secretary revealed that in hindsight, the smithsonian should have consulted with the congress. can you tell us when we will know more about smithsonian's finance regarding london? maybe it is on hold -- how do you plan on consulting with congress? and as you look around and address the problems to domestic facilities like the national zoo, can you really rely on having enough private contributions to assist you with the deferred maintenance operations? if not, we have to come back and ask the federal government to address some of these problems. can you give us an update on where you are in london and elsewhere, and if time permits, i have a question about the arts and industry building as well. dr. skorton: i would like to try to answer what i heard were three questions. first of all, in the extremely important matter of consultation with congress, not only do we of our funding because of your generosity and foresight but we are an , orga

in 2006, the smithsonian entered into a business venture with showtime network, that drew the eye of congress because they lacked a consultation. the former secretary revealed in hindsight that the smithsonian should have consulted with the congress. can you tell us when we will know more about smithsonian's finance regarding london? maybe it is on hold. how do you plan on consulting with congress? you look around and you are addressing the problems as i said earlier, like the domestic national zoo, the can you really rely on having enough private contributions and private foundations, like the friends of the national zoo, to assist you with the deferred maintenance operation? if not, we have to come back and ask the federal government to address some of these problems. give us an update on where you are in london and elsewhere, and if time permits, i have a question about the arts and industry building as well. thank you mr. chair. dr. skorton: thank you very much. i would like to try to answer what i heard were three questions. first of all, on the extremely important matter of con

and in 2006 the smithsonian entered into a business venture with showtime networks that drew ire of congress because of lack of consultation. so was former secretary small later admitted hindsight of the smithsonian should have consulted with the congress. so you can tell us when we can expect to learn more about the smithsonian's findings regarding london. maybe it is on hold. how do you plan on consulting with congress? as you look around and you're addressing problems as i said earlier at your domestic facilities like the national zoo, you know, can you really rely on having a private contributions and private foundations like the friends of the national zoo to assist you with the deferred maintenance operation? so if not, you know, we have to come back and ask the federal government to address some of these problems. so kind of give us an update where you on london and elsewhere. then, if time permits i have a question on the arts and industry building as well. thank you, mr. chair. >> thank you very much. i'd like to try to answer what i heard were three questions within your three embe

networks? >> we have been turned down by hbo and showtime and pbs. tried to get the phones distributed by all the big networks. we ran a one in our version of the film on 30 or 40 pbs stations but it is a boring distinction but important tip was provided by the third-party as content to run that if they chose in in the results that plenty of people ran into but it had zero marketing. because then nobody knows it is coming we're still seeking wide distribution in this country. >> with descendants independent film festival what was their reaction? >> we sent it to do sundance with their in courage member of the one of our colleagues who was a consultant has a big position at the sundance film festival in she would talk to her friends that the review were who looked at it e-mail us and said she that it was fantastic and one of the better ones she had seen but it was too political also of course, we did not get and. >> he said if i can get them to have 10 percent of my copy uncensored is it worthwhile to continue? >> maybe that goes for all of you. >> the

of showtime on finding the network's next major hit and how he plans to compete in a world of netflix h.p.o. and if you like bloomberg news, check us out on the radio. you can listen on the bloomberg radio app, bloomberg.com and in the u.s. on sirius x.m. more of "bloomberg west" next. ♪ hey how's it going, hotcakes? hotcakes. this place has hotcakes. so why aren't they selling like hotcakes? with comcast business internet and wifi pro, they could be. just add a customized message to your wifi pro splash page and you'll reach your customers where their eyes are already - on their devices. order up. it's more than just wifi, it can help grow your business. you don't see that every day. introducing wifi pro, wifi that helps grow your business. comcast business. built for business. when it comes to the fithings you love,. you want more. love romance? get lost in every embrace. into sports? follow every pitch, every play and every win. change the way you experience tv with x1 from xfinity. >> i'm mark crumpton and you are watching "bloomberg west." police in belgium today captured the top

of showtime on findsing the network's next major hit and how he plans to compete in a world of netflix h.p.o. and if you like bloomberg news, check us out on the radio. you can listen on the bloomberg radio app, bloomberg.com and in the u.s. on sirius x.m. more of bloomberg west next. ♪ >> i'm mark crumpton and you are watching of what bloomberg west." captured belgium today the top fugitive wanted in connection with november's deadly terror attacks in paris. ls neighborhood where he grew up. >> the operation to secure the premises started at 880 p.m. -- at 8:30 p.m.. he was arrested at 4:40 p.m. during the house search. he was injured during the intervention. two other suspects are also in custody and multiple explosions were heard as officers with riot shields cordoned off the area. the u.s. is calling for a meeting of the un security council to discuss north korea's latest missile launch. medium-range ballistic missile into the sea earlier today defying a council ban. the council imposed sanctions on north korea for a missile launch and nuclear weapons test a few weeks ago. the u.s.

networks to theaters, how can we get that out here? >> is this on? >> yes. >> we've been turned down by hbo, showtimeg to get the film distributed by all the big networks. we ran a one-hour version of the film was run on 30 or 40pbs stations but it's a boring distinction but an important one. it's provided by a third party for content to run it if they chose, plenty of people ran it but had zero marketing and when there's zero marketing, you might not run it because no one makes the time to see it. that had a tiny little ripple of an effect, so we are still -- we are still seeking wide distribution in this country, anyway. >> thank you. and one more question to you before we go to the next questions, was the sundance independent ient -- festival and what was their response? >> one of our colleagues who was a consultant on the film has a big position on the sundance film festival and she talked to her friends, the reviewer who looked at it actually e-mailed us on the qt and said she thought it was a fantastic film and one of the better films she had seen and it was too political for sundance and, of c

what did the network look like when david nevins got there? emily: some of my here it shows are on showtimeant, david nevins had for matt blank. he is the longest running ceo in television. the transition, as far as we know, was very fluid. it is something they had been preparing for for a long time. what is interesting is david nevins is on the creative side. he is the guy behind "friday night lights, "parenthood," "arrested development," and at showtime he promoted hits like "homeland, "the affair," sex."ons," "masters of age, and moreen and more tv shows are getting made. definition forhe the best actors and there are fewer movies being made. i asked him, when you have netflix, hbo, amazon, what is showtime's biggest threat. take a listen to his answer. complicatedit is a 21st century media world. a lot of people are clamoring for attention, and we need the top of the list. when he to continue putting out shows that feel like they have risk to them, but make people pay attention. i think we're on the right path. emily: now, what is interesting, david, is that even though showtime has a l

network has been writing a rate -- wave of success. over ind nevins took january. he spoke to bloomberg's emily chang about showtimestional expansion. pushere has been a big that we have been making, that i have been making, that we have more shows that work in the u k and france compared to our competition. we have made a big push starting in canada and pushing into international territories. germany, italy. we just did australia. the showtime brand is starting to mean something. rather than selling our shows in a one-off way. billions is over here. ray donovan is over here. we put them all together on the same network and it makes a big difference. it is a factor of five and 10 times. about selling the streaming service? >> we have not done it yet. weekend. there is a lot of interest in premium programming. we will see what happens. >> what about china? >> go figure. billions has no potential in china. there is interest in the subject matter. that " billions" will get a real deal in china. china is becoming a very real market for us. when we were selling brady donovan, it is the first major sale we have made in ch

showtime brand is starting to mean something. rather than selling shows in a one-off way. dexter was over here and ray donovan is over here -- put them all together in the same network and it difference. .t is a factor emily: what about plans to sell the stream service independently? david: we haven't. we can. -- weare such big shows will see what happens when these deals are done. emily: what about china? netflix is being asked all the time. billions would be great in china. the subject matter, the conversations going on -- i hope that billions gets a real deal in china that is potential he our biggest deal ever. china is becoming a very real market for us. we are selling it for pennies now that there is real interest. -- thes is the real billions is the first real major sale we've had. china has always been a terrible market for american television. piracy is so rampant. the movie studios figured out how to do stuff in china five years ago when they started to make real money. expect there to be real growth in the next five years. showtimes ceo david nevins. it you can catch the full interview online. i do want to bring you the latest on a developing story. the u.s. gove

networks. lisa kudrow had her web series, web therapy, now going to showtime. >> i like how they're making >> that's really the key i think for w en in the industry. rachel bloom you guys will have later on. in the 10:00 hour with hoda. >> tomorrow i'm going to take you behind the scenes with the only woman in late night,. samantha bates. she', awesome. >> i think ue all love her around here. >> natalie, thank you. > coming up next, matt goes one-on-one with 22-year-old golf perstar joe dan rdan spieth. >>> plus, we're going to clean up your makeup bag. quick and easy ways to keep it clean. >>> no golfer has had a better year than jordan spieth, pga tour player of the year. have you you do >> you are the 2015 player of the year. you won two majors. you won all these our tournaments. expectations now are huge for you now. is it tough? >> sure. we try to stick to our own expectations. i've certainly set them really high the last few years. we've been able to achieve them. now we know what we' capable of doing in a year. >> what are you looking to change or accomplish this year? >> for me i'll try and

networks. lisa kudrow had her web series, web therapy, now going to showtime. >> i like how they're making theirr women in the industry. rachel bloom you guys will have later on. >> in the 10:00 hour with hoda. >> tomorrow i'm going to take you behind the scenes with the only woman in late night, samantha bates. she's awesome. >> i think we all love her around here. >> natalie, thank you. >>> coming up next, matt goes one-on-one with 22-year-old golf superstar joe drdan spieth. >>> plus, we're going to clean up your makeup bag. quick and easy ways to keep it clean. but first, this is "today" on nbc. for years, i was a laboratory chemist, developing drugs to fight deadly diseases. as a scientist, i know there's more that washington can do to help families. i'm running for congress to protect planned parenthood funding so more women get cancer screenings and treatment... to pass a ban on fracking in the delaware river basin to preserve our clean water, and to always protect medicare and social security. i'm shaughnessy naughton and i approve this message. ♪ as a small business owner, you know thin