If the Rupert Murdoch bid fails or falters the take-over premium will evaporate.
Time Warner publishing is a dinosaur that does not get it. Someone needs to fix this if Rupert Murdoch can’t get at it.
The trend is away from network television. Warner television studios is running out of market and is rapidly becoming an underperforming asset.
Cost increases in network productions and sports is hard to pass through, Margins are squeezing.
George Gutowski writes from a caveat emptor perspective.