Success in our business is more incremental rather than great leaps and bold strides.

To achieve its true potential, Time Warner's culture must change to enable each of its separate business units to develop their own strategies and capitalize on their leading roles in the rapidly evolving media sector. They must not be constrained by a counterproductive bureaucracy.

I agree with them, the stock has languished.

I hope he would stick around. He is a terrific executive.

All the Time Warner companies have enough scale to compete on a global level. Warner Brothers gets half its revenue from overseas.

We have other partnerships (with Viacom), ... we prefer to be the buyer.