It's a non-story. Steve is a big picture thinker and Jerry is a detailed guy and they are both very, very intelligent. There is every expectation that they are going to be able to work very well together.
More Quotes from Christopher Dixon:
We believe this compelling valuation offsets very real concerns about management's ability to develop a path out of the quagmire.Christopher Dixon
This is a complicated transaction. It's in response to the Justice Department's concerns.
Christopher Dixon
One picture is not going to make a significant difference.
Christopher Dixon
To me, the most important thing is that management sent a very clear signal to the Street that they are refocusing and making an effort to return their focus to improving the return on capital. They understand their problems and they are putting in place a system to make those problems disappear.
Christopher Dixon
The net result of the subscriber fees is that Disney is alone among the large media companies today in capturing disproportionate revenues from sports fans that enables them to pay higher sports fees than anyone else. Once you get all this programming, you begin to reinforce the brand. It enables you to get higher advertising rates as well. It's a lousy strategy for ABC alone, but a great strategy for Disney.
Christopher Dixon
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