>> it doesn't disappear because it becomes more kmomtized. so cable programming companies, fx, amc, hbo become very valuable. and they can then sell that content to some of these various platforms. not just keep it exclusively. >> but will i ever be able to take out an ipad and be able to watch espn and cnn? >> you can now. >> not exactly. >> time warner will let you extent your subscription. >> go through the cable? >> if you were in the arab spring, you were riding around in a taxicab on your ipad and you could watch streaming live. you realize. how come i can watch what's going on but i can't -- and the answer is cable. >> does that get blown up in the next five years. >> it has to at some point. >> the other thing, i don't know if you follow this. it didn't get a lot of pub l publicity. but they announced a new technology, which is totally disruptive to cable and broadcasting, it's a little box you have in your house. it's like an old antenna. but wirelessly you can get television signals from broadcasters. they set up a plant in new york