Local television is a slightly different story. It is under much more pressure in the same way that all local businesses are, whether that's a local newspaper, local radio or local television. But I think television in the aggregate is actually in very good shape.

He also previously served as an Executive in Residence at Columbia Business School and the former CEO of NBC.

He also previously served as an Executive in Residence at Columbia Business School and the former CEO of NBC. In November 2012 Zucker was picked to take over as the President of CNN Worldwide in January 2013.