When television came in, everybody thought that was the end of the movie business, which was not and is not. Henry Blodget More Quotes by Henry Blodget More Quotes From Henry Blodget People don't have to go to cable news or network news. Live sports is the one of many things that's kind of community television. There are a lot of people who still tune in to "Sunday Night Football" or "Thursday Night Football" the way they did before. Henry Blodget sunday football sports I think the water cooler is more important than ever. "Oh, did you hear that 'Inside Amy Schumer' is fabulous?" Where do you find it? It's on Netflix, it's on iTunes, it's on places nobody ever heard of five years ago. Henry Blodget water years thinking The tech folks have seen WiFi as the way to untether. And what better reason to untether than entertainment content? So there's nobody better positioned than the in-home Wi-Fi purveyor. Henry Blodget entertainment home way You have to have a business model you believe in and like. Henry Blodget business-models models believe Everything I have is a private company. And even though a public company's a great thing, it's great for financing and all of the stuff you need to do. I'm not answering to anybody but my wife and my children and the people who work for me, and my partners. Henry Blodget wife children people The content defines the platform, so whereas when I was working at ABC from '66 to '76, people said it was the "great wasteland." It was the least-objectionable program that succeeded. It was, if you could get behind "All in the Family," you were successful. Henry Blodget program successful people Television is like the movie business. It's not the least-objectionable program - it's the best program that gets positioned. Same in the movie business. It's not just everything automatically gets done by the "in" crowd. Henry Blodget crowds done television Television is not hurting. Television is in fantastic shape. It's just a golden age for other people. Henry Blodget hurt age people It's very hard to be good. It is self-destructive thinking to think that there is too much good. Henry Blodget too-much self thinking There's too much bad. The worst is mediocre. Bad is easy. There's high quality, there's pornography, and then there's bad. Henry Blodget quality too-much easy Pornography works to a degree, high quality works, bad is obvious. Nobody goes for bad. The terrible middle ground is the mediocre. That was kind of the essence, in a way, of broadcast television when there were only three channels. Henry Blodget degrees quality essence Some people have made a fortune by being employed. Jerry Bruckheimer does not own his content. Warner Bros. owns his shows. They are on CBS, and he makes a fortune. Henry Blodget bros doe people The first reaction is, get defensive. Second reaction is, what are we going to do about it? Henry Blodget reactions firsts Almost any show that has reviewers behind it, Rotten Tomatoes behind it, will find a way to survive. Henry Blodget tomatoes rotten way Thankfully, for all of us, I'm not in the stock-market prediction business anymore. I do think the tech industry is in a boom that will end the way all booms do - in a bust, but the magnitude of what's happening today is just a faint echo of what happened in the 1990s. Henry Blodget company-news
