Discovery Channel

“I think it is the longest running television series event in, in television history right now. It's the longest one that's being maintained.”

“I think, you know, there's 25 to 40% Of humanity that's deeply curious. They really want to know, where do we come from? You know, how, how is our future going to be shaped by our past? Where are we in the universe, for example? So it's that audience, which ha…”

“I mean, they actually wired 500,000 dollars to our accounts at Discovery.”

“We'll be free for two years. But in the third year, you will agree to pay us a nickel if you have the freedom to do so through deregulation.”

“Later, we learned about a 156,000 households were able to see the service. Yeah, had access on that very first day.”

“So a documentary that the BBC would have spent a 100,000 to 250,000 dollars on, I could really license for only a thousand dollars an hour.”

“And we had really counted on that. And it was absolutely devastating when Leo let his bankers know the board did not, in the end, approve the investment.”

“Now, that one million dollars, I think, turned in later to be like, sixty-five million.”

“And he always thought it was such a mistake of him because he did have the idea for a news network. He just didn't go that next step of, well, what about, you know, long form news and documentaries.”

“Westinghouse, anxious to lease a transponder for the satellite, yeah, the satellite transponder, said, John, you know, we'll donate, we will give you the use of the satellite for a week.”

“But you're right, I knew we would need a minimum of twenty-five million, a little over, say, two years. Of operations.”

“I mean, just doing the research, it was clear that I would have an expense rate of at least a million a month. Okay. And the big portion of that was the satellite transponder and uplink, which is, I recall was around 333 140,000 dollars a month.”

“We closed on our very first Round of financing was two million dollars.”

“There was that moment in time when I incorporated when I had a hundred percent equity, and then you get diluted down and diluted down, I think, After that, I think it was around, maybe around seven percent, and then you know, for the longest period, I was at f…”