Jerry is one of the most experienced and respected business executives in television. I'm very fortunate to be able to tap into his wealth of knowledge as a senior member of our newly reorganized west coast TV group.

You've got to walk the fine line of letting them 'steal' your stuff for the promotional value and allowing them to cut into your revenues and somehow acquiesce to copyright infringement.

Together, our companies only have about 17 percent of the pay television market. Just the Comcast-AT&T [business] alone will have something well north of that, ... Just that company, in the cable industry, has about 78 percent, according to the FCC report in January. So we're a very small fish in a very big pond.

Sony was a leader in TV, looking to extend its platform and protect its current business. Samsung saw digital television as a new opportunity.

It's just like if Sony went out of business. Your Sony television would still function.

The numbers were really bad at the operating level, especially for the core television business.