Mr. Erickson: Liberty Media is a diversified media company holding interests in cable distribution companies, cable programming companies, Internet content companies and interactive television companies all over the world.
TWST: That's a very broad portfolio. What makes it all hang together,
and what makes it work?
Mr. Erickson: It's all built around the market we define as media. We
basically consider media to be television distribution networks, the
content that is broadcast over those networks and then the technology
and equipment that makes it all work together.
TWST: We've been hearing about all of these different things coming
together. Is it beginning to happen, or are you really at the early
stage of that?
Mr. Erickson: I think that convergence is still a bit of utopia, but
they do all work together very well. Is it a seamless platform? No, but
I think that once you get to convergence, then it is seamless.
Tickers included in this excerpt: L
For more information call (212) 952 7433. The Wall Street Transcript does not endorse any of the comments made by interviewees, and does not make stock recommendations.