TV Academy Foundation and "Variety" host the 2011 TV Summit

The Academy of Television Arts & Sciences Foundation and "Variety"  hosted the day-long 2011 TV Summit yesterday at the Renaissance Hotel in Los Angeles. As people move to watch TV whenever and wherever they want - through smartphones, tablets, computers and other platforms - traditional advertising revenue models are disrupted. The TV Summit covered ways for the industry to continue to make quality content and be a vibrant money-making business at the same time.

Among the days' panelists were: Michael Lombardo (President of Programming for HBO), Shonda Rhimes (Creator and Executive producer of Private Practice and Grey's Anatomy), and Gale Anne Hurd (Executive Producer of The Walking Dead).

Below are two excerpts taken from the house: from "The Rebranded Channel" panel, OWN network CEO comments on a surprising thing she discovered about the new network's viewers and from the "State of the Industry" HBO President of Programming Michael Lombardo comments on the mistake to rush John from Cincinnati on the air.