Richard Parsons
Richard Parsons
Richard Dean "Dick" Parsons, an American business executive, is the former chairman of Citigroup and the former chairman and CEO of Time Warner. He stepped down as CEO of Time Warner on December 31, 2007. He is currently the interim CEO of the Los Angeles Clippers NBA franchise...
NationalityAmerican
ProfessionBusiness Executive
Date of Birth4 April 1948
CountryUnited States of America
company internet major media stake
We are the only media company with a major stake in the Internet
announce hope months next positive several
We hope in the next several months that we'll be able to announce something positive there.
content data defends delivery mean platform protects superior voice
We like the business, ... This is a superior platform for delivery of voice and data going forward. It protects and defends our content business. It doesn't mean we're going to go out and do something imprudent.
amount based devoted expect further resources review time work
We have devoted a significant amount of time and resources to our review and, based on the substantial work we have done to date, do not expect any further restatements from it,
company outcome predict visibility
We are not able to predict what the outcome will be or when it will come, ... have progressed significantly enough to give the company some visibility into the (potential) costs.
accelerate advertising broadband customers house inclined keeping leave network perspective transition trying universe
We're trying to actually accelerate the transition of our narrowband customers who are inclined to leave for broadband anyway. Keeping them in our house and in our network and in our universe from an advertising perspective makes sense.
confidence debt exploring number reduction
We're very comfortable where we are in debt reduction program, ... I have every confidence we've got more than one way to get there. We have a number of alternatives, we're exploring them all.
announced challenges cloud company hanging help remove steps time today
While there are still challenges ahead, the steps we announced today will help to remove a cloud that has been hanging over the company for some time now,
couple honest looking
We're looking out a couple of quarters, to be honest with you.
city directing happens selecting services whatever
What we have here is the city selecting services that, for whatever reason, the city happens to like and directing those services to be put on.
aol driver enhanced near term
The real driver of enhanced valuation is going to be AOL in the near term and the long term,
acceptable companies continue explore structure ways
We will continue to explore ways to structure a combination that will make sense for the two companies and be acceptable to the commission,