27 Quotes by Harold Vogel
- Author Harold Vogel
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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.
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- Author Harold Vogel
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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.
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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.
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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.
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- Author Harold Vogel
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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.
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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.
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There will be people in the media industry that might not like it, but he shouldn't care about those.
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It something Disney had to do. It's good for both companies.
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It may be a fairly lengthy adjustment process. Steve Jobs is known to be quite active in everything he does - he won't sit back quietly.
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