At the very moment time warner was opening the way for broadband delivery, the first great wave of a truly networked society arrived in the form of the internet. Today, We're all awash in that wave, or better yet, surfing it, and the sea change has been so sweeping and profound that it's hard to believe the word internet itself didn't enter webster's until 1997. That number will cross one billion by mid-decade. It would be hard to exaggerate the implications of the internet revolution. For the first time, human beings have at their disposal a universal, limitless connection that no government, corporation or centralized agency can control.
Every user has the ability to offer something new.
I've spoken of what that digital transformation did for our cable customers, providing broadband capacity for high-speed delivery of the internet. But that was part of a far larger effort. Impelled by the nature of our content businesses operations intimately involved with artistic and intellectual expression in every form we were pioneers in adapting our flow of creative offerings to this environment. People throughout time warner understood the irrevocable impact of what was occurring. They embraced the almost inconceivably broad canvas the internet provides for expanding the reach of their minds and imaginations.