Harold Vogel Quotes (22 Quotes)


    Cable carried the ball for everything during the quarter--That's the way they've been for a long time now.

    They were unhappy with the way the business was shaping up. It wasn't producing the returns they wanted.

    It's certainly a very important moment. This is his first major transaction and it will set the stage for at least the next couple of years.

    There will be people in the media industry that might not like it, but he shouldn't care about those.

    They do have to resolve some issues eventually, including who's going to be the chairman and for how long. There has to be some kind of indication of what their long-range plans might be with regard to international expansion of theme parks.


    My impression is that Mr. Murdoch has been in a phase of building assets for most of his career, 25 years or so, and he has reached the point where most of the key pieces are in place,

    Five years from now, we'll have a much better idea of how it will shake out.

    The question is, will there be enough new advertisers to justify the cost.

    Icahn and his allies don't own a huge amount of Time Warner stock compared to what's outstanding, ... And this isn't a classic Carl Icahn story, where you're dealing with sluggish management, an unknown stock and a situation where asset sales won't result in tax problems. Parsons has gone in the right direction.

    Altogether, I think it's very solid. I don't see anything that would make someone rush out and buy stock over what they had last night, but at the same time, there's no reason why anyone should rush to sell it either.

    Now, ... instead of sacrificing to build assets, he is in effect trying to raise shareholder value and he was under pressure to do so because News Corp. stock was selling below the average of the other major entertainment and media companies.

    It wouldn't be a giant leap of imagination for them to consider selling all of it. Even if they sold all of it, it's not clear that will generate significant stock appreciation for Time Warner.

    In this case, I'd doubt it's that much. I'm guessing 10 million.

    Technology is moving ahead with or without them, and if they don't try to find a new business model, they're going to be stuck with the old business, which is in decline.

    They've come through this higher gas price period quite well. They had a very strong marketing program for Disneyland's 50th anniversary. This will be a good indication that as long as gas prices don't go up too much more, that things will be OK over there.

    It something Disney had to do. It's good for both companies.

    They'll project how much each film can generate. The difficulty is, probably only the top 10 films generate 80 percent of the income.

    Probably this will raise the cost of programming across the board for all of the networks, and this is not a positive element for network profits if advertising growth flattens out, which it very well may over the course of three or four years, ... In fact, it is almost a certainty that over that length of time you are going to have an economic slowdown.

    We have been very high on ITT for quite a long time. And we think the assets are very valuable. And for him to spot it and act on it is very important and suggests that he is doing a very, very good job for Hilton,

    In reality, that was going to be very messy from an antitrust standpoint and meet a lot of resistance from the top management at Hasbro. That was a whole different story,

    It has been the year for video on demand for the last 20 years. But this time it might actually be real. That doesn't mean that it's going to sweep the world, but things are finally falling into place.

    Just because some of the shareholders get to vote doesn't mean they'll vote in favor of Hilton,


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