Porter Bibb
Porter Bibb
Porter Bibb is an American financier, media producer, and writer. He is best known as the first publisher of Rolling Stone magazine...
across advertising amount decline overall seeing serious spent
There is a serious decline in the overall amount of advertising that's going to be spent overall. We're seeing it across the board.
abc brought table
After all he brought ABC to the table and it is failing.
banking legal
It's all a legal strategy. This is all legal back and filling...It's a 'full-price' as we say in the banking business.
bitten bullet business decided effort finally investor joint looking maximize minority motions possibly saying shopping spinning value venture
They finally have bitten the bullet and decided to sell, ... They are cloaking the effort by saying they are going to maximize shareholder value by going through the motions of looking for a joint venture partner, a minority investor or possibly even spinning the business out to the public. But they are really shopping the studio.
according acting fee hunk net
He not only got an acting fee and participation in the gross, but he got a big hunk of the licensing and merchandising, which will net him, according to Variety, about $100 million.
bankers lay public risk side spin
Do they want to spin out to the public and lay off some of the risk on the film side on the investors? ... A lot of bankers have been recommending they do that and they've resisted.