Rich Greenfield Quotes on Media & News (2 Quotes)

News Corp.'s Internet buying spree certainly is aggressive, but the media giant seems to be pursuing the right online properties, points out Rich Greenfield, analyst with Fulcrum Global Partners LLC. They are aggressively buying their way into an Internet strategy from nowhere three months ago, ... They're going after Web properties that mirror the demographic of the viewer of The OC ... (following) the activities of what those same consumers do online.

The good news was that growth exceeded expectations and guidance was solid for 2006, ... And with the poison pill extended, they have extinguished the investor concern about the Liberty stake, putting this issue firmly in the past.