It's encouraging. I don't think the business is completely out of the woods yet, but we are significantly better in 2006 than anyone expected.
More Quotes from Richard Greenfield:
But I can't imagine Time Warner wanting to sell their stake in Court TV to buy back shares, and even if they did, why would Time Warner care if the shares are voting or not.Richard Greenfield
Given how concerned investors are in the media sector, Viacom's ability to generate 5 percent revenue growth excluding the film business illustrates why we think there is significant underlying value in the assets.
Richard Greenfield
Online search is an area where advertisers are moving. Big media companies need to be there. They must have a more significant presence or they risk out losing on a big growth opportunity.
Richard Greenfield
Trying to assess the earnings impact of a deal is tough since having no visibility makes it difficult to forecast. The investor base has no idea what the 2007, 2008 and 2009 original movies will be like.
Richard Greenfield
There are a lot of moving pieces right now. I think all of them bode well for Time Warner shares in the near term.
Richard Greenfield
Television was substantially weaker than expected, ... The aggregate strength of that growth rate in the weakest quarter for News Corp is a very positive indication of how undervalued the stock is at current levels.
Richard Greenfield
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