The Transition Is Painful, and It'll Get Smaller

C a n is going to make less money almost every year, jus in secular decline. It'll live off the a affiliate retransmission fees and ll o make hundreds millions in advertising minutes. In the future, it'll be smaller, and we're not going tobe able to pay an anchor of a modestly viewed sunday media chat show seven figure salary overtime. C and m will increasingly look like a much more credible chetter. You will see more hosts hosting multiple hours of programming, and those hosts will be grateful for their job.