Thank you, Mr. Gourde. I was in the midst of saying that I am an unrequited fan of Tara Henley and that I have followed her work in the last two or three years. What you hear from Tara, in many respects, moves us to where I think we're heading.
At the risk of sounding alarmist and apocalyptic, I'll say that we may well be in a position here that buggy whip makers and farriers were in when Henry Ford rolled the first Model Ts off the assembly line. There could well be, for example, a large corporate broadcast ownership. There has to be a compression between senior management and content. I see a world where there is hyperlocal website-based networking. Many weeklies are doing that now in smaller western communities that have a multimedia product. I see a Substack-type model of network providers. The old idea of the radio broadcasting station may work if it's hyperlocal. CTV knows nothing about running radio stations, and recently even less about TV. I mean, how do you cut your noon news package and cut other things and leave only your supper local news?
We may well be into the kind of corporate and content reorganization that has to be bold and has to be dramatic, and unless we're prepared to get government out, I just don't think news is going to adapt and innovate as it has to.