Based on the fact that (the network has) a highly targeted demographic, that's not an unreasonable price...from an investment point of view, I think the rational approach is to maximize shareholder value. |
It's a non-story. Steve is a big picture thinker and Jerry is a detailed guy and they are both very, very intelligent. There is every expectation that they are going to be able to work very well together. |
It's very difficult to figure out all the economic issues right now. |
More and more people are spending money on marketing. Companies are going to need to increase their marketing budgets as we move into this increasing complex economy. That's great news for these media companies -- whether it's Viacom or what we'll see this afternoon with Disney. |
On the face of it, Fox [Entertainment Group's] ownership of the Los Angeles Dodgers is not an enormous success economically. But when you take into account their broadcast of baseball games, it gives them a seat at the league's table, which is invaluable. |
One picture is not going to make a significant difference. |
One school says that they (Japanese) will be very fascinated by it. The other says that it will be treated politically. My view is that the Japanese are always very interested in American entertainment products. |
The challenge for any new network from Eye on People to the Food channel is to continue to get broad-based distribution. |
The jury is still out on what's going on at the networks. |
The net result [of the subscriber fees] is that Disney is alone among the large media companies today in capturing disproportionate revenues from sports fans that enables them to pay higher sports fees than anyone else. Once you get all this programming, you begin to reinforce the brand. It enables you to get higher advertising rates as well. It's a lousy strategy for ABC alone, but a great strategy for Disney. |
The net result is to create a smaller, faster-growing entity that is now superbly positioned to benefit from the ongoing development and expansion of the companies' unique portfolio of interactive properties. |
The overall sector is being destroyed in the wake of Omnicom. |
There is a 60-percent likelihood of this scenario. |
This is a complicated transaction. It's in response to the Justice Department's concerns. |
This is emblematic of just how screwed up the FCC is and how they aren't responding to what's happening the market. They are just failing on their responsibilities. |