When people point to national broadcast television, that is so far removed from economy. You're talking four networks in prime time with limited inventory. When you're talking spending up 10 to 15 percent there, it's almost a meaningless number for a sign of a recovery. The local number is a better indication of what are the true expectations of businesses.
More Quotes from Paul Kim:
I would say for Disney and ABC, Monday Night Football is the only thing that hasn't gone down significant in ratings and profitability. It's one of the things holding the network up.Paul Kim
The company has executed on its promises for this year, kept upping earnings growth, and done a decent job in a very tumultuous period.
Paul Kim
They've stopped cleanup on that property, and what we want as a group is for it to be cleaned. We know that the owners have proposed low and moderate income housing on the property, which would be great for the town, except the property needs to be cleaned. The town hasn't enforced anything on that property in 18 years.
Paul Kim
Investors are profit seeking and they are almost agnostic to what the company actually does.
Paul Kim
ESPN is where you really make the money, ... You're definitely losing money on Monday Night Football, but it's important for advertisers who can now buy spots all year round on all four major sports.
Paul Kim
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