It's pretty clear they can't sustain where they've been. But the underpinnings for strong video and DVD sales are there and they've had a phenomenal run. The question is are they able to transition from these to other titles or will they have a few years where they revert to the mean.
More Quotes from Tom Wolzien:
Disney will need to have access to the home, through the Web, by buying Yahoo or investing further in online operations,Tom Wolzien
The Web throws all the historical ways of thinking about this stuff out the window. If I were going to start something today, that's what I'd do.
Tom Wolzien
I'll wait and see. I wouldn't hold my breath. You'd need massive changes in regulations to do that.
Tom Wolzien
They've done a good job of managing the release schedule. What the company has done is balance it out very nicely so you don't have a huge hit to earnings from the fall off in revenue following a blockbuster. The year after Fox had Titanic, it had nothing. We'll see how long AOL can keep this going. Nobody's ever done it forever.
Tom Wolzien
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Apprentice is the beginner - the first years you work in a craft in the European sense you are an apprentice. That takes 3 or 4 years. Then you are a journeyman. You can go from one master to another and learn other tricks and other secrets.
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