What's Changing in the TV World?
How you get your TV content is changing
- Duration 6:37
- Date Oct 28, 2011
How you get your TV content is changing
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This transcript is automatically generated
He mentioned generally feel this year we will not talk about competitive and telling people around half people little people boxer he's got -- -- got -- -- up.
Talking about Steve Johnston Steve Jobs finally cracked the TV interface in your -- -- really about big picture.
What's changing in the TV where there's -- come right down destined to change doesn't want.
It's definitely -- same as you had when Bill Gates came along he said big computers don't matter software's all that matters Microsoft windows.
Did you had Steve -- jobs come -- say wait a minute.
Hardware is what matters drop had got -- May have Amazon coming along another paradigm shift in technology saying okay hardware no longer matters are selling -- Amazon fired ten dollars under -- reportedly.
Saying we just want to control content we wanna say assault you or -- you.
Ritchie movies over the content -- were basically giving to you it kills the other tablet makers the same thing is happening right now in television you have.
Contents how you're getting it is changing -- Steve Jobs said that he finally cracked the television interface with the with new Internet.
But look at what we're doing right here this is going directly to the consumer and that is how things are gonna happen with in the not too distant future you already have all -- and Hulu.
We can get Fox News your ESPN -- Pretty soon you'll have -- your Internet and cable television your me of the choose ala carte run up your screen what you want you on the SP and you all Fox News and they education lack.
-- -- pay.
For per month fee.
For the service.
-- differ from Paper view models which will be.
Done over the Internet as well leaving for example many many -- just gonna have a huge fight looks like with -- money Mayweather right.
Not do as many threw me about of these guests never agree on drug testing is.
What their problem is.
Some real certainly.
Wonderful spirit of that the big after the Philippines but let me say it is a lot of money at stake.
When you have the Paper you guys being sold say three million people revise and it's it's 49 dollars per by you're talking a 150 million dollars revenue for one fight.
That's mainly in North America and Europe once.
Either jobs assault that are smiles assault where you buy your content over the Internet.
Now that will no longer be split with cable revenue Capel TV stations.
So you get full revenue and also we will open up things like the entire continent of Asia.
The entire continent of Africa all of South America source that a three million -- it's realistic to assume in ten to fifteen years these guys we doing something ten.
The fifteen million by us would not be out of the question.
-- to be pro.
But because -- -- cable companies make this for running out in China maybe it's a dollar and I think that in poor parts of India.
But you'll have a global market of several billion instead of just a North American Europe market.
Several hundred million.
But so what does that do to cable companies that says the door on the -- and yes absolutely kills them.
They are fighting this tooth and hell wouldn't when I can sell directly to the consumer.
Pay per view fight and make all 49 dollars myself.
There's no reason for me -- -- -- the cable company I don't have to audit you.
When George WB we would have to audit foreign companies would have to -- -- companies are Asian oversold here views there's no longer happens and you know immediately how much revenue you have.
Because people buy it immediately over the Internet.
And think about changes television -- Fox Business right now you have GMAC on here talking with the in the ratings start going up.
As she's longer on the segment.
You got producer now back they're saying waving let's kill John Layfield let's keep -- Now back on here because you don't tell because you can tell them second by second now lifetime over the Internet how ratings are doing.
It's gonna change -- television you don't have the Nielsen ratings which will matter as much people argue constantly.
About are they -- -- -- they measured this going to be exactly down to the person real time data.
And for live television system changing completely because basically you can just.
The way he'll count those who -- who purchased the show up right -- franchise irrational and also because you're only -- -- -- -- viewing it currently.
Just as you would say a website you know how many people -- -- currently at all times down to the single person how many people clicked on it.
You're -- exactly how many people -- clicked on -- -- you bring a guest on.
And also your ratings jump you'll know maybe stick that guest on other segment to toll changes television.
And also changes the way television is to -- to your living room.
Because now you can decide what you want right.
And Fox News who -- -- straight your -- nor has to deal with a cable company that won't get it to your living room and so they make full vote on all of the revenue.
And are dealing directly view.
That actually is scheme changer -- then that that this Smart money.
Goes as pulls out of the cable companies and and that's and that's dead money -- is what you're saying is whereas investing goes.
Yeah I would think that that same thing happened music albums when apple came along and sold songs over the over the -- EA to ipads to ipads iPods.
That's what's gonna happen -- cable writers however they're not gonna go easy they make a lot of money.
They have a lot of cash flow.
They have these massive networks these four G networks are building these landline networks are building.
They're gonna try to do the same thing and stay in the middle as any distribution medium we'll try to.
However there -- squeezed -- they don't find a way to do it odds are they don't find a way to do it may just become.
Your hardware provider of your four -- network are your land line provider of your ethernet.
Gonna go by the way the dinosaurs well because eventually not gonna need that.
Correct yeah yeah yeah.
-- athletes and it's funny you have -- bid BT average Telecom right now has fourteen billion dollar worth of copper in the ground in UK which is huge portion right of their market cap not accounted for.
That's gonna be unnecessary at some point now what do you do with that that -- the world knows Feldstein so check.
But it's all we don't want us what Nikola Tesla said a hundred years ago -- his -- with Alexander Graham Bell and Thomas Edison over all the technology patents of the time.
Was rival wireless world and that's exactly what we're gonna have.
In the customer is going to be able to decide what they won't directly.
And the content providers have a direct relationship with that customer which is gonna make everything better and it's gonna make the entertaining experience totally interactive.
Maybe that means that's -- -- go way.
Passages opened Snooki goes away.
Downlink that I hate that -- have the guts -- got -- -- that have engineered to get a comment on the web say.
And -- and I are on cashing in on Fox News Channel every Saturday morning -- 1130.