Knowing there's not going to be another opportunity tomorrow to buy the next player, you have a lot of people betting on this round right now.
More Quotes from Philip Olsen:
Either you control your costs better by being integrated vertically by owning production, or the alternative is capturing new revenue streams.Philip Olsen
Mel clearly has Wall Street's ear and attention. Whatever goes on, I think they want to hear it from Mel.
Philip Olsen
It's definitely a consolidating sector. With few assets likely to come on the block, you can definitely command a premium.
Philip Olsen
He's never been afraid to pay and keep a top producer.
Philip Olsen
They're being responsive because this is something the equity market has been looking for as a way to target some of (News Corp.'s) pure entertainment assets.
Philip Olsen
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