March 9, 2010
For those who can't (or don't want to) view the video clip, what follows is a transcript:
Hi, I'm Bill Burke, and this is my "120" on the battle of the living room. There's a lot of discussion about who wins in the media world: Is content king? Is distribution king? What screens are people going to be using in the future? It's something we've been talking about for a long time -- not just in the last several years. And I think that it's one of those things where the answer's probably somewhere in between.
I think companies that have built great brands and great relationships with their customers -- whether that be Netflix (Nasdaq: NFLX ) or cable networks -- I think they're going to be winners. And I think someone's going to have to deliver that pipe, or that feed into your home, whatever that screen is, and [so] the distribution companies are going to do well, too.
You know, there are a lot of people that are talking about the Comcast/NBCU deal. Full disclosure: My brother is an executive at Comcast (Nasdaq: CMCSA ) . But I think it's an interesting deal to watch, and while NBC is in the name of NBC Universal [currently majority-owned by General Electric (NYSE: GE ) ], keep an eye on the value of those cable networks in the NBC stable.
Each one of them, just about, is generating a lot more income than the NBC network, and I think that's really what Comcast is going after. And in my possibly biased opinion, I think they've got great management, and that's going to be a really interesting deal to watch that will help answer the question of who wins that battle in the living room.
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