Opening Remarks by Peter Rice – Chairman and CEO of Fox Networks Group
Peter Rice is Chairman and CEO of Fox Networks Group (FNG). In this role, Mr. Rice oversees FOX Broadcasting Company, FOX Sports, FX Networks, National Geographic, 20th Century Fox Television and FNG Latin America, Europe and Asia. Mr. Rice began his career in the Marketing Department at Twentieth Century Fox in 1989 after graduating from the Univaersity of Nottingham.

"Telling great stories is one of the most important keys to success"

"Another key to success is simplifying our business"

"When life goes wrong, make good art... If your husband marries a politician, make good art... If your cat explodes, make good art" – quoting a colleague

"Bollywood makes more movies than we do now in Hollywood"

"Before internet television, you had to compete with everything else that was on at 8pm – with four other shows"

"We live in this world of skinny bundles – I don't need hundreds of channels, I only need 5 shows or so."

Mr. Rice also discussed the TV quality resulting from supply-side growth vs. demand-side growth. When you focus on the existing technology and its shortcomings – the supply side growth – you sacrifice the viewers' experience. When you focus on demand – what the customer really wants – the development of technology and supply will follow and you have a successful television experience.

  • Richard

    I agree. A wise businessman in the Caribbean named Sir Kyffin Simpson always said that the key to success is progression and humility, and clearly he’s done very well for himself as a self made man!

  • John Andrews

    The Airgain IPO launches this week, and they’re a one-brand company.

    Some investors don’t think it’s a good stock though:

  • Cincinnati World Cinema

    Well said, Joe, and worth rereading on a regular basis! Another advantage of small-to-midsize city living is pace and competition. Living in NYC, LA and SF entailed a hectic pace, hallmarked by capital S striving, as one realized there were a ton of others doing what I do. Spending so much time in one’s car in SoCal meant much less time for quality pursuits and pleasures. A smaller pond with relaxed pace allows one to savor life and special moments.

Executive Profile with Kat Cole
BT (Betty Liu): I’ve been reading about your biography and you have and background for someone working in business. Could you tell me more about where you started out and what inspired you to work in business? Kat Cole: I grew up with a single parent: an alcoholic father. I’m the oldest of three girls, …
Shell GM William Langin Offers Advice to Current Undergrads
BT: What advice do you have on how to make a good impression and get ahead when you first enter the workplace (similar to the advice you also shared with me and Joanna what not to do i.e. attempt to be a know-it-all, to develop strong technical skills, etc.)? Langin: The best way to get …
Shell GM William Langin Sheds Light on the Energy Industry
BT: Shell is actively expanding the sources of energy it can provide as part of the energy mix. Could you please tell us a little about Shell’s global energy initiatives and how Shell is planning to supply energy? Langin: Society faces a dual challenge: how to make a transition to a low-carbon energy future to …