News Corp. Chief Operating Officer Peter Chernin offered his views on both mobile and online business efforts at a press conference at the Cable Show on Wednesday in Las Vegas, according to RCR Wireless.
RCR reported that Chernin compared the wireless industry today to the cable industry in the ’70s.
“In 1977, no one knew there was going to be an ESPN, Discovery or a Lifetime,” he said.
News Corp. recently purchased mobile-content company Jamba for $188 million.
“We’ve been spending a lot of time trying to get from zero to 60 in 10 seconds,” he said. “My view is we should move slowly…. I’m perfectly happy to take the time to get it right rather than rush.”