22 Quotes by Frederick Moran

This puts competitive pressure on the likes of Disney, NBC and Fox Television. These other players will have to step up, reevaluate, see what kind of assets they are missing in their specific platform and address it as quickly as possible.

Now Wall Street has turned more cautious. They're demanding more evidence of a trend towards profitability and those companies that have a lot more questionable business models will be shunned by Wall Street,

Having faced no significant competition so far, Audible has not been able to sustain a profit despite reasonably good revenue and subscriber trends, ... could much more efficiently build and launch their own sites.

Unless this director knows something that the rest of us don't, I just find his comments inflammatory in an effort to express his personal anger as opposed to anything that could be materially wrong with how the business is being run.

It also comes on the heals of AOL-Time Warner and the Terra Networks merger with Lycos, and shows that the Internet and media landscape is getting increasingly competitive, requiring more consolidation.

Right now neither stock reflects merger synergies. In fact, Time Warner, although it's getting taken over by AOL, reflects no takeover premium. We think as the deal comes together and they uncover some new business opportunities and synergies, they will drive valuation. I think AOL trades like a media company and in a way it really doesn't trade like an Internet company anymore. So either it's an undervalued media company relative to its growth prospects or it's a very cheap Internet company.

It does make sense to help focus investors. Sumner Redstone thought that the difference between the two pieces was holding back Viacom's valuation.

Yesterday was very frightening. It felt like maybe the bubble was bursting on the Internet stocks. I'm not sure that that's truly the case, but clearly investors are scared right now and they're panicking a little bit.

The pressure is on the entertainment companies more than anyone else, ... They either need to integrate their Internet capabilities much more rapidly or get left in the dirt.