Cord-cutting and on-demand consumer tastes have tested traditional TV companies in recent years. Yet Jeff Bewkes, chairman and CEO of Time Warner, is optimistic that his will flourish as long as the networks keep churning out great content.
"There's an explosion of TV programming," Bewkes said. "People love it, whether they're watching it on an iPad or on their TV."
Most of the core Turner Broadcasting audience is still watching on actual televisions, Bewkes said, adding that "everybody likes a big screen." Thanks to improving broadband, the TV ecosystem, as he put it, is adjusting to on-demand needs of consumers.
But by the year 2018, eMarketer predicts that one in five Americans won't subscribe to a cable TV package. Hulu, for example, is working on a cable-like service to offer more channels than Sling TV, at $30 a month. The streaming service is in advanced talks with two of its owners, Disney and Fox. While Time Warner is not involved, Bewkes said to "wait and see".
Time Warner counts CNN, HBO, TNT AND TBS, as brands that inspire particular loyalty. When customers are shopping for new bundles, whether it's through Comcast or Verizon or Sling, he said, his networks are sure to be a part of the decision.
"Could you live without any of those networks?" Bewkes asked, rhetorically. "No."