Sumner Redstone is known for telling investors and journalists that "content is king." But something else is vying for that throne. What people watch is fast losing ground to how those people watch it. [Emphasis added since this is major theme of my blog]

... content providers seem to be falling all over themselves to do deals to distribute their programs -- or tailored versions of them -- to all sorts of new venues. Witness the push of Walt Disney Co.'s ESPN in December to target sports fans with sports content on ESPN-branded wireless phones using Sprint Corp.'s wireless network. Or efforts by News Corp.'s Fox TV network and others to distribute "mobisodes," or short versions of television programs aimed at screens on mobile phones.