Turner's Advice To Entrepreneurs Avoid Tv

0
0
Subscribe to CNN alerts

Ted Turner, who pioneered cable television with his WTBS Superstation and later CNN, has told a conference in Los Angeles that if he were starting out today, he wouldn't get into television at all but would probably target clean alternative energy. "The television business is filled," he told the second annual "Produced By" conference hosted by the Producers Guild of America. "When I started 30 years ago, TV was a business of scarcity. There wasn't enough television. Now television is an overstocked medium. There's too much television. ... You want to be in a new business so you can discover things, and one with a high barrier to entry so that you'll have limited competition for as long as possible." (At the same conference, Marc Cuban, who made his fortune on the Internet, suggested that he sees little opportunity there these days. "If you look where everybody else is looking, that's the wrong place. Everybody's looking at the Internet. It's done!" he said.)

07/06/2010


Contactmusic

Tags: CNN

0
0
Subscribe to CNN alerts
Advertisement

More Cnn

Piers Morgan Declines New Deal At CNN, Announces His Departure

Piers Morgan, whose brash interviewing style looked like it may even work stateside for a short period, has left CNN, announcing his departure on Twitter....

Jon Stewart Takes CNN To Task For Boston Bombings Reportage

John King’s erroneous report that a suspect had been identified in conjuction with the Boston bombings triggered a trail of CNN slip-ups on which Daily...

Advertisement

Tapper Leaves ABC – New Role At CNN Beckons For Jake Tapper

Jake Tapper leaves ABC, The Hollywood Reporter has informed us. The network’s White House correspondent will be leaving to join CNN, where he will become...

CNN Films – CNN’s New Documentary Venture, Starts With ‘Girl Rising’

CNN have announced the creation of CNN Films, a new arm of the CNN empire that will source feature length documentaries to be aired on...

Advertisement

Comments

CNN Newsletter

Subscribe to this news alert service to receive news and reviews on CNN

Unsubscribe | Unsubscribe All