. >> host: so finally, craig moffett, when you think about the future of tv, what comes to mind? >> guest: well, you used the phrase the future of tv, and i don't know whether tv is the right phrase anymore. it's the future of video consumptionment -- consumption. and i suspect that the old adage in technology is everything changes less in five years and more in ten than you would ever expect. five years from now i think we're still going to be looking at a world that is dominated by the traditional pay tv packages. you know, people have waited for years to see the pay tv package blow apart, and i think in some ways that was almost -- that required a willful ignorance of the economics of the ecosystem to believe that that was going to happen anytime soon. it's starting to happen though. you're starting to see rogues around the edges not through some seismic change in the business model or technology, but through the leakage of people out of the system at a very slow but accumulating rate. over ten years that will be a very large audience that the programmers and the entertainment

>> craig moffett is a friend of the show. denver earlierin this week.f shareholders went to that. i believe that there is a key him of shareholders that want to do this. particularly because the stock has run up so high at this point. there's a lot of pressure that some deal will come together. >> great scoop. thank you for telling us more about it. alex sherman of bloomberg is making himself a must read by- line once again. go see it on bloomberg.com. breaking more news on time warner cable and charter. >> let's turn to a different kind of is. we're coming to the end of the fourth week of the michael stenberg trial. government is about to rest its case. it has not done quite as smoothly as they might have hoped. the big issues are how things are working regarding the chances and what are the implications for sac capital and steve cohen? we have been following the trial closely and are joined outside the courthouse in lower manhattan. where do things stand right now? >> as you said, the government is wrapping up its fourth week of testimony. they're abo