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Companies? one that's a cable distribution company, one that's a content company? >> it's being vertically integrated, meaning you have the content that needs to be distributed and that's more powerful as a company. >> and that's -- is that something that provides them with enough savings that the investor can benefit from that? >> absolutely. they can make better programming for their customers. they can target audiences better because they have the distribution and the content. >> compare that to the other companies out there, like cbs, like time warner, parent of this company, like disney, ...

The u.s. has the advantage in terms of technology and skill but that's rapidly -- china is rapidly bridging that gap as well. as china becomes more skilled, that's going to put more pressure on the u.s. to actually improve and be more competitive to be able to hang on to those jobs they've got. before i go, remember this. over the past 20 years, exports to china from the u.s. have multiplied 12 times. this is still a very big market. it is still open to some degree, it is there for the taking for u.s. companies. >> it is a real treat for us to have both of you on here, two of my favorite guys ...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.