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Speaking of funny names, I'm here with Jim Lanzone.

Your name's not that funny. How you doing, Jim?

It's me. It's powered by digital media. That is a real company with a funny name.

Speaking of funny names, I'm here with Jim Lanzon. Your name is not that funny. How you doing, Jim?

It's funny here. Jim, tell people what you do, for real. So I am the CEO of CBS Interactive,

which is the digital division of CBS. And I am also chief digital officer of CBS Corporation,

which means that I also oversee all digital for CBS. So if you are looking at something that CBS owns and it's not on a TV set, you probably got to touch it in some way. Yeah. And not everything is part of CBS Interactive, the P&L, which is the standalone business that are run. These are details. You get to do all the cool stuff that we get, that's fun to talk about. So we'll talk about streaming, video, and all of that good stuff. You run CNET. Is radio still yours? No, radio is about to be, like we run the websites, but in apps, but it's about to be spun off on IPO. Before you were at CBS, you were an entrepreneur, you created a clicker, you were kind of trying to disrupt slash work with companies like CBS. In the very old days, you did search. You're that old. Yes. Yes. It was in the search engine wars. We'll talk about all that. We're going to do some time travel here. We're taping this before CBS does earnings. So I'm not going to ask you about CBS's earnings anyway, because who cares. There's also various stuff going on. There's deals that you're in the middle of that may or may not be done by the time this thing gets done. So you can just plead the fifth whenever you do that stuff. But let's talk about really big picture about TV first. Okay. So AT&T wants to buy Time Warner. There's this now sort of set of what happens if that deal goes through,

what happens to the rest of the media business? There's the distribution business. There's the

content business. You work for a company that makes content, doesn't own pipes. What does AT&T,

Time Warner, make you think about? Do you think, all right, this is good, this validates that we make

content and that's valuable. Does it make you think maybe we've got to go find some sort of

distribution partner? No, I think, well, officially no comment on the deal. And officially at this point,

time before this airs, that deal isn't confirmed to happen yet. But yeah, I think over, and there's a lot

to unpack what you said on distribution and content and everything else. But I think our overall view is that it's just another data

point that talks about the strength of premium content and that as one of the world's largest

creators of that, it's a good spot to be in. Now, everything else going on in the market around

us, those are all things that we have to adapt to and figure out our way through. But yeah, it feels like a good spot to be in as being CBS and being a premium content creator. Because one way you could look at it is Jeff Bukas is a pretty smart guy. He runs Time Warner. He's selling. So if he's selling, maybe everyone else on the content side should be selling. Another way you can flip it around and say, the guys at AT&T have a big distribution business, they seem to think that's not enough, so they're buying content. You could argue the pro distribution side or the pro content side, depending on which, who stock you're buying, I guess. Yeah. And I think if you're, you know, you write recode media and you have to analyze that whole space. You're kind of trying to play that out.

You just kind of type stuff up. We, just see how many clicks on it. As operators, we, you know, at this point, you know, Les said a few months ago in one of his, Les Moonvez, my boss, in an analyst conference, you know, that we are no longer just a broadcast network. We're a multi-platform company.

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