This is something that was expected for some time. It takes a fair amount of overhead to run these things. The same overhead can run two or three of these channels. ESPN has shown that it has some muscle with cable networks because it has many channels.
More Quotes from Dennis McAlpine:
I don't know how they get an attraction out of this. Look at the top films and tell me who's starring in them. If I were an advertiser on the Oscars, I'd look for something else. This is not going to give Hollywood a chance to promote the idea of going to the movies for entertainment.Dennis McAlpine
One of the things that helped on the numbers was the fewer number of shares. The bottom line operating numbers were not much different than expected.
Dennis McAlpine
The Polar Express' showed that the 3D IMAX combination could attract an audience that might not have been otherwise interested in the movie.
Dennis McAlpine
You'd like to see things improve (at Disney's animation studios).
Dennis McAlpine
Hollywood has never been bashful about its own competence. If studios see somebody else do something, they think they can do it better. But it's not as simple as it looks -- the story has to attract people.
Dennis McAlpine
A lot of ads that companies thought would work online aren't. Advertisers are now looking for results.
Dennis McAlpine
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