Stuart Rossmiller
Stuart Rossmiller
allow major music property six unique
(Acquiring EMI) would allow someone to be a major player, being one of the big six music companies, so it's a unique property and it's one of a kind.
billion disaster less management performance poor previous summer took
It's been less than successful, bordering on a disaster. After the $3 billion write-off they took for the poor performance of the previous management team, this summer must be a real disappointment to them.
adding cable companies entertain networks peace
He's getting peace with the cable industry...Now, cable companies will entertain the idea of adding his start-up cable networks to their cable systems.
definitely
I definitely see this as being a tax-driven arrangement.
growth publishing rate return slow
If they're going to get a venture-capital rate of return on what has traditionally been a slow growth business, they will have to revolutionize the educational publishing market.
box office okay second winning
Being second to the box office is not a winning formula. Generally, the first one does okay and the second one suffers.
both business contracts crown developing generation king large left mainly power sides
Both sides benefit. Thermo King was the crown jewel. And, what's left is the power generation business with very large contracts particularly in developing markets, mainly in Asia.
allow billion company course debt expressed next path radio reduce return sale step three
Viacom has expressed that they would like to reduce their debt by $3 billion to $5 billion in the course of the next two to three years. The radio sale of over $1 billion is the first step down that path which should allow the company to return to a solid, investment-grade footing.