Richard Greenfield
Richard Greenfield
Richard Greenfieldwas an American publisher...
billion
A $US20 billion ($A27.09 billion) buyback is better than $US12 billion ($A16.25 billion), which is better than $US5 billion ($A6.77 billion), which is where we were a while ago.
aggregate current growth indication news positive quarter rate stock strength television weaker weakest
Television was substantially weaker than expected, ... The aggregate strength of that growth rate in the weakest quarter for News Corp is a very positive indication of how undervalued the stock is at current levels.
espn financial nobody
Nobody could have anticipated how much of a financial juggernaut ESPN would become.
larger return
One of the things they'd like to do is return more to shareholders, and ... a larger buyback makes a lot of sense at this point.
cable component gives growth investors side viewing
makes sense strategically, because it gives a cable component to what investors are viewing as the boring, unexciting growth side of the post-split company.
adjusted extent flat given impressed improvement margin
We were impressed with the extent of margin improvement given flat adjusted revenues.
assess base deal difficult earnings impact investor movies original since tough trying visibility
Trying to assess the earnings impact of a deal is tough since having no visibility makes it difficult to forecast. The investor base has no idea what the 2007, 2008 and 2009 original movies will be like.