Henry Blodget Quotes - Page 2

• Fifteen years ago, nobody thought that content would ever work as a business. It was impossible to raise any money, initial investments were $10,000, seldom $100,000. It is only over the last two or three years that we have started to see very large amounts of capital coming into the digital industry. That has created a lot more competition.

  Henry Blodget

  Competition, Impossible, Investment

  Source: www.spiegel.de

  4 Copy quote

• When CNN launched in the early 1980s, everybody said: A 24-hour news network won't work. They launched, they did ok, CNN went almost bankrupt because of the risks they had taken, they got bailed out, and 25 years later CNN is a huge global brand. I think the same is going to happen in digital. If you look at the younger generation, there is a huge consumption of digital media and almost no consumption of print or traditional television. Eventually money will follow that. It is just a question of which companies win, how long it takes to get there and what kind of model you need to apply.

  Henry Blodget

  Taken, Winning, Thinking

  Source: www.spiegel.de

  4 Copy quote

• Successful publication is all about the mix. What Buzzfeed discovered was that people like cat pictures. We can pretend to be embarrassed about that as a species, but it is actually a truth. So Buzzfeed publishes a lot of cat pictures. But they use the money from cat pictures to build an exceptional newsroom that publishes stories that far fewer people want to read, but it is very important journalism.

  Henry Blodget

  Cat, Successful, People

  Source: www.spiegel.de

  4 Copy quote

• Wrapping rubber bands around a watermelon is not journalism. It is entertainment. But the key to success in media has always been a broad mix of serious reporting and entertainment. The New York Times does not make its money on reports about Iraq and Syria. It makes money on its gardening section, food and, yes, stories about cats. "The Today Show" is a very successful program because it is a mix of the celebrity chef and the crazy pet who does the rolls and serious news and interviews.

  Henry Blodget

  Crazy, Cat, Successful

  Source: www.spiegel.de

  4 Copy quote

• Everything I have is a private company. And even though a public company's a great thing, it's great for financing and all of the stuff you need to do. I'm not answering to anybody but my wife and my children and the people who work for me, and my partners.

  Henry Blodget

  Children, People, Wife

  Source: www.businessinsider.com

  4 Copy quote

• Pornography works to a degree, high quality works, bad is obvious. Nobody goes for bad. The terrible middle ground is the mediocre. That was kind of the essence, in a way, of broadcast television when there were only three channels.

  Henry Blodget

  Essence, Quality, Degrees

  Source: www.businessinsider.com

  4 Copy quote

• Some people have made a fortune by being employed. Jerry Bruckheimer does not own his content. Warner Bros. owns his shows. They are on CBS, and he makes a fortune.

  Henry Blodget

  People, Doe, Bros

  Source: www.businessinsider.com

  4 Copy quote

• This sounds crazy, I know, but you can make a billion dollars - very few people do - but you can make a billion dollars on a product. It can be "Lion King," it can be "Simpsons," it can be "Family Guy," who knows what it is. Or you can make zero. But you can't make a billion dollars if you don't own it.

  Henry Blodget

  Kings, Zero, Crazy

  Source: www.businessinsider.com

  4 Copy quote

• People don't have to go to cable news or network news. Live sports is the one of many things that's kind of community television. There are a lot of people who still tune in to "Sunday Night Football" or "Thursday Night Football" the way they did before.

  Henry Blodget

  Sports, Football, Sunday

  Source: www.businessinsider.com

  4 Copy quote

• [T]here's a difference between confident leadership and empty-headed delusion or cheerleading. And this is a difference that many CEOs miss.

  Henry Blodget

  Cheerleading, Differences, Missing

  4 Copy quote

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