We're entering an era where delivery platforms mean less and...

We're entering an era where delivery platforms mean less and less to an audience. The consolidation of these networks within the broadcast business speaks to the consolidation of power within the hands of station owners and the general entertainment conglomerates, but underneath that is a fundamental sea change in the way younger consumers experience media. They won't feel limited, because they can reach out in so many ways to get content. We're not in an age anymore where content distribution is limited to broadcast stations.