Smith also revealed some key financials, saying that the company's profit and revenue have been doubling every year, with revenue on track to near $1 billion this year, and to double over the next few years. He also said that the company is in the midst of acquisition talks with "everybody" at a valuation of $5 billion. (20th Century Fox owns a 5 percent stake in the company, and A&E also owns a small stake.)
That valuation, which Smith projects will continue to grow with the company's revenue, raises the question of how to handle the company's next phase: sell or go public.
"We're valuable. Right now we have a decision to make, because we're topping out the valuation where a media company should buy us. Once we get into the next wave, it's either the major telcos or Apple or Google. If we're getting too expensive for media [acquisition] then, do we go public? We're kind of at the top end where media could buy us today."
Smith said rolling out TV networks around the world will "cost billions of dollars," so he's evaluating what kind of strategic move to make. "Right now we're talking to various people and we'll see which one happens," Smith said. "For me, around the end of this year, we're going to have to make a decision about whether we start to make the book to go public, or do a sort of larger, major strategic deal."