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30 ordspråk av Dick Parsons

Dick Parsons

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In short, our company is strong and getting stronger.

a number of strategic partners.

As Steve is one of our major individual shareholders, we'll look forward to his wise counsel as the company continues to move forward.

As Group chairman, Jeff contributed to our recent achievements by overseeing record-breaking performances at our filmed entertainment and networks businesses, and providing critical leadership for cross-company initiatives involving the digital distribution of content.

I am aware that we are living through a time when merely complying with GAAP [Generally Accepted Accounting Principles] may not be enough,

I'm pleased to report that our company once again posted strong results for the quarter. Revenues rose 4 percent and Adjusted Operating Income before Depreciation & Amortization (in short, OIBDA, the new metric that we are using to track profitability, which is roughly comparable to EBITDA) increased 11 percent.

Right now AOL is currently integrated into our operations, ... But if it gets to the point where consolidation is happening in the Internet space and, in order to play most efficiently, we need...our own currency, the possibility (of an IPO) is out there.

I am aware that we are living through a time when merely complying with GAAP [Generally Accepted Accounting Principles] may not be enough.

This agreement is key to fulfilling our commitment to realize the potential of AOL's very large online audience. As digital technologies continue to drive industries together, the great value and opportunity inherent in Time Warner's structure and array of premier businesses becomes increasingly clear.

Secular concerns that have weighed on our stock are overblown. Secular trends warrant us accelerating the program.

This transaction also underscores our commitment to a strategy of managing closely related, industry-leading businesses to maximize shareholder returns.

This is a terrific transaction that is the right thing to do for both the Time Warner Book Group and our shareholders. With its record-breaking performance in 2005, the Book Group is at the top of its game. To build on this success, however, it needs the scale and other advantages that come from being part of a larger, more global book publisher. This transaction also underscores our commitment to a strategy of managing closely related, industry-leading businesses to maximize shareholder returns. We wish our Time Warner Book Group colleagues continued success and the best of luck at their new home.

We are very pleased to have reached an understanding with Mr. Icahn.

Ted Turner's legendary record as a media pioneer and executive at Turner Broadcasting and Time Warner speaks for itself. He is a visionary leader who has made an extraordinary contribution to this company and, indeed, to the world at large.

By acting now to put these matters behind us, we avoid the costs and distractions of protracted litigation, an outcome we clearly believe serves the best interest of our shareholders,

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