It's a good time to be in the content business though, the branded content business.

I'm committed to increasing long-term value for shareholders and am confident we will continue to do so through the successful execution of our core strategic priorities: the creation of high quality, branded content and experiences, the use of technology, and creating growth in numerous and exciting international markets.

In this business it takes time to be really good - and by that time, you're obsolete.

I'm privileged and grateful to lead The Walt Disney Company and our talented, dedicated team at this exciting time.

I think networks are in trouble if they continue to do business the same way. If networks are willing, and this one is, to do business differently, then I don't think we're in trouble at all.

It's not about how much you make: it's about how good the quality is. You'll be better off as a company making fewer things and concentrating on those and how you bring those to market... in a very less cluttered way, even though the marketplace is more cluttered.