mr. funk given the world you're operating in now. do you want everything in the communications act good and some might argue burdensome? >> i think our position is the current situation where there is a competitive environment to innovate is probably the right approach. there are some parts of the requirements that i think will naturally come to the markets such as closed captions and other things that are a benefit to consumers but a lot of the regulations that have been written were really written for a different environment than exists today. >> mr. heimen? >> i agree with mr. funk in the sense that i think this highlights some of the ant kuwaited notions of the cable act and i think it is something that in connection with determining mvpd should be done on a broader scale than in a single regulatory filing. >> all right. mr. johnson, mr. hyman, mr. powell, mr. euro ergan, isn't it strange the child can be watching the sprout channel's caoiu on the same television and the same living room a

mr. jim funk, senior vice president of product management for roku. thank you for being here. we look forward to your testimony. >> good morning, chairman walden, ranking member eshoo and members of the subcommittee. thank you for inviting me here to testify today about the future of video. my name is jim funk. i'm senior vice president of product management at roku. roku was founded ten years ago in silicon valley. we are a rapidly growing company with less than 200 employees, still small by comparison with other companies represented at this hearing. the company's founder, anthony wood, is a serial entrepreneur who among many accomplishments started replay tv and is considered the inventor of the dvr. while the dvr is now among the most popular entertainment devices, roku is betting on the internet as the future of television. four years ago, roku introduced a small internet connected set top box that allowed consumers to stream movies like -- stream movies from netflix over the internet and watch them in high quality on their tvs without needing a computer. the combination

mr. funk, it is my understanding that 20% of your customers have dropped their cable or satellite service. " factors to you think would cause more customers to consider an alternative rather than a complement to a traditional cable or satellite service? >> we see a percentage of users who have cut the cord and dropped a cable or satellite package. it is the minority. a variety of reasons for this. some cases it is cost, some cases it is living situation or individual program and preferences. what is interesting is that there are now tauruses that allow consumers that opportunity, things like netflix and hulu -- they give people who want a different selection of video at a lower price the ability to do that. choice of offerings is the key to providing the right service for all consumers. i think we provide one method for doing that. you will see a lot more innovation in the coming months and years about how to do that better. we are optimistic that a court- cutting will be to continue to the vi

we will now go to the senior vice president, mr. funk. for being here. >> think you for inviting me here to testify about the future of video. i am a senior vice president at roku. we're rapidly growing with less than 200 employees, small by comparison with other countries represented. the founder is this a real entrepreneur who started replay tv and is considered the inventor of the gdr -- dvr. four years ago we introduced a small box that allow consumers to stream movies from netflix over the internet and watch them on their tv without needing a computer. the combination of a $99 roku player and netflix training was a revolutionary model. now there are many game consoles and boxes offering this capability. these products can be found at best buy, walmart, target, and amazon.com marketed by well- known brands. since the launch of the player, we have sold more than 3 million boxes in the u.s. and offer a range of affordable products. roku has become an open streaming platform that allows providers to create applications which we call chan

we will not go to jim funk mr., senior vice president for roku.i am a senior vice president, product management and roku. roku was founded 10 years ago in silicon valley. we have less than 200 employees, still small by comparison with other companies represented here. the company's founder is this a real entrepreneur who among many accomplishments started replay tv and is considered the inventor of the dvr, now among the most popular entertainment devices. four years ago, roku introduced a set top box that allow customers to stream of movies from netflix over the internet and watch them in high quality on their tv without needing a computer. the combination of a $99 player and netflix streaming was a revolutionary offering. four years later, there are hundreds of models of tvs, blu- ray players, came souls -- game consoles offering this capability. these products can be found today at target and amazon.com and walmart. since the launch of the player, we have sold more than 3 million boxes in the u.s. and now offer a range of very affordable produc

mr. clinton telling cnn: there's no question that in terms of getting up, going to the office and basically performing the essential funksman who's been governor and had a sterling business career crosses the qualification threshold. well, bill clinton did then walk those comments back, but today there are at least two primaries in which the presidents are at odds. in new jersey mr. clinton is backing bill pascrell, mr. obama supports bill rothman, his competitor. and in california clinton is supporting his support behind howard berman, president obama supports brad sherman. so will there differences affect democratic unity in the presidential election? simon rosenberg is president and founder of ndn and a former clinton campaign adviser. chip salzmann is the former campaign manager for mike huckabee for president. gentlemen, welcome. >> good to be with you. jon: chip, this new jersey election is so interesting because you've got two sitting democratic members of congress, their districts have been reapportioned, so they both have to fight for the same seat, and they're both getting support from the two different democra