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So you're missing out on downloads?

There are so many things you can do, particularly in other parts of the world, where mobile-telephone service is a lot more developed. We're downloading minute segments--original "mobisodes"--of the Fox hit "24." Soon we'll be downloading the funniest joke of the week in "Family Guy." People will be sitting in bars and holding up their phones and laughing. It'll be a pretty serious piece of revenue for us someday, probably. We'll be into all these things, some quite original and some of what others are doing.

Are you happy so far with what's happening at MySpace.com?

Last summer someone said this is an interesting site. We studied it and then went into negotiations. We had no idea that between then and now the thing would have doubled in size. We now have 50 million registered users. We are very happy with it.

Tell me your plans for it.

We are expanding so fast just to keep up with new registrations. With 50 million people there, the traffic could cause a physical breakdown. So we're not providing as many new services at the moment, but we will. MySpace will be a much richer site in six months. We expect to come in with video. People will put video up--videos of people hot-dogging in the snow, or whatever, as well as videos of themselves corresponding with each other.

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