2004 is setting up to be the year where the leaders in online travel are going to establish themselves. And the way they will have to do it is by promoting their brand, spending on marketing. |
Disney has seen a turn in their businesses but if you look out beyond this year, things get a lot more difficult. |
I don't really think things have changed that much. Eisner is still there and the Street perceives Mitchell as very much tied to Eisner. |
I think what they've created is the fastest growing company in the media space focused on interactivity. In a nutshell, you had the Internet bust, valuations go bust, but clearly there is value to the businesses that can be done on the Internet. |
Parsons has been around longer. My impression of Parsons was that he was incredibly well thought-of, very diplomatic, and probably very well-received in D.C. |
Pre-Sept. 11, what we saw was a weak ad environment with indications that things might have been improving. Things were looking incrementally better. Not good yet, but incrementally better. |
USA Networks is a little bit of a different animal now. It's not the true media company anymore, |