amount of sharing between networks and i'm not talking about cable networks, but network providers, mso, regional operating companies, core infrastructure in our country. not only for privacy, or excuse me for piracy, but for privacy and security. so there are all kind of sewn together all three concepts. we have some work to do. and some education to do with users who i often get challenged because there's not a piece of live entertainment produced today that you can't find probably somewhere globally being redistributed within ten minutes. >> chase, your company has tried in britain to varying degrees of success. teenage boys, if they can make something for nothing they do, as all their friends do, and they have an extraordinarily quick way to find this stuff, whether it's music, television, movies. they don't pay for anything. how is the genie effect of out of that bottle. what do you do about it if it is. and how tough can your companies can be in reality to stop it from happening. >> i don't think the genie is out of the bottle. the news business probably got further down the road

not give effect to the value of the inventory exchange that goes on from cable networks to the cable msos but that amount of money in no way equalizes a $27 million disparity. this is even more confounding when you consider broadcast ratings are many times higher than cable in so many cases. in fact, approximately 95 of the top 100 shows in the recent included television season aired on broadcast television both in the demographic of 18 to 49 and the demographic of 25 to 54 as measured by nielsen. in truth, retran payments are not the driver of increasing cable bills, and the money is not following the audience in terms of what is actually viewed on television in this country. how do we ensure our broadcast content is successful beyond these traditional platforms to the new video technologies evolving at a break neck speed? i will observe that i think congress got it right in 1992 when it noted that broadcasters must be allowed to control the use of their signals by anyone engaged in retransmission by whatever means. new companies like sky angel are now part of the video marketplace but i

environmental groups, and the sierra club, and the ability to stand up to some of the billionaires, and som s msoer groups who do sloetvo and they will vote, and they have trouble getting that money. >> we are "star wars" fans in nerdland and trying to figure out if the democratic party is bunch of ewaks battling the embattled republican party. >>> if you wonder if this is a horse race, well, there is a lot of a horse race going on. this is the horse race that marks the queen's diamond jubilee. t she attended this event this morning along with many hundreds in the crowd, and along with member members of the royal family. this is a huge milestone of the queen's milestone and made possible by her longevity which might be a result of the universal health care system in great britain. we will talk about our own health care system, and stay right there as we have more on the ruling class right here at home. it's time to live wider awake. only the beautyrest recharge sleep system combines the comfort of aircool memory foam layered on top of beautyrest pocketed coils to promote proper sleeping posture a

just at the video, the television industry, the studios, the networks, the tv stations, the cable msos, it's hard not to imagine that someone in that value chain loses. [laughter] because there's not an infinite amount of money either on the ad side or on the consumer pay side, and when you talk to cmos -- which i've been doing a lot recently -- they are fundamentally shifting their media mix. their advertising and marketing mix. >> so the question is who loses? >> who loses? >> you know, i think the people who lose are the people who do not understand their consumers and are not paying attention to them, people who do not have strong brand or, if they have a strong brand, they're not continuing to build it. they're not continuing to expand it. and, you know, i think we've seen it throughout the history of business, you know, fondly-remembered brands. oh, yes, they had that product. what did they do after that? well, they didn't do anything. they just, they got stuck. >> but those are individual companies. are there elements of this business, tv stations, for example, who don't generat

not give effect to the value of the inventory change that goes on from cable networks to the cable mso's of that amount of money does not equal what the $27 million disparity. this is even more confounding when you consider broadcast ratings are many times higher than cable in so many cases. approximately 95 of the top 100 shows in the recent television season aired on broadcast television in the demographic of 18-29 and 29-54. retrans payments are not the drivers of increasing cable bills. how do we ensure our broadcast content is successful beyond its traditional platforms to the new video technologies? i will observe -- i think congress got it right in 1992 when it noted broadcasters must be allowed controlled use of their signals by anyone engaged in reed transmission by any means. new companies like sky angell are part of the video marketplace but it appears to be unclear as to how the wall -- the law will apply to them and other new entrants. they're considering the question of what is a multi channel video program distributor. these questions have far reaching implications. who ha

not give effect to the value of the inventory change that goes on from cable networks to the cable mso'st ratings are many times higher than cable in so many cases. approximately 95 of the top 100 shows in the recent television season aired on broadcast television in the demographic of 18-29 and 29-54. retrans payments are not the drivers of increasing cable bills. how do we ensure our broadcast can dent -- content is successful beyond its traditional platforms to the new video technologies? i will observe -- i think congress got it right in 1992 when it noted broadcasters must be allowed controlled use of their signals by anyone engaged in reed transmission by any means. new companies like sky angell are part of the video marketplace but it appears to be unclear as to how the wall -- the law will apply to them and other new entrants. they're considering the question of what is a multi channel video program distributor. these questions have far reaching implications. who has a program access? who plays -- pays retransmission fees? the rules should be applied to all new entrants. as an in