Porter Bibb Quotations

There is a serious decline in the overall amount of advertising that's going to be spent overall. We're seeing it across the board.

Nobody has ever felt on Wall Street that a studio is a good investment.

NBC corporate is looking to get the best return they can on the $80 million that they paid for the broadcast rights to the World Series. Obviously, the longer the series runs, the better they do in amortizing their investment in getting the rights.

Fox is not going to tell you this, but it is an open secret on Madison Avenue that they are charging a premium of $50,000 to $100,000 a spot to be in the first six minutes.

He not only got an acting fee and participation in the gross, but he got a big hunk of the licensing and merchandising, which will net him, according to Variety, about $100 million.

I think that there are huge, huge hurdles, but he's shown he's been able to overcome obstacles in the past to get what he's looking for. I would be surprised in the extreme if he walked away from this one.

Do they want to spin out to the public and lay off some of the risk on the film side on the investors? ... A lot of bankers have been recommending they do that and they've resisted.

Sony has got a solid distribution network, ... It's got a great library and it's got a lot in the hopper ... Realistically, there are some significant buyers.

After all he brought ABC to the table and it is failing.

The bottom line is there is a contract and the judge will opine that the contract remains in force,

You really have to know what you're doing to buy stock in these companies. You have to take it company by company. It's very, very tricky.

They finally have bitten the bullet and decided to sell, ... They are cloaking the effort by saying they are going to maximize shareholder value by going through the motions of looking for a joint venture partner, a minority investor or possibly even spinning the business out to the public. But they are really shopping the studio.

They failed to deliver. Despite the very high costs of the merger with Nextel that are built into the fourth-quarter earnings, their real benchmarks are really uninspiring.

It's all a legal strategy. This is all legal back and filling...It's a 'full-price' as we say in the banking business.

The meeting today lasted so long because its the first of two weeks of road show presentations, and I have to believe that Jerry and Ted are trying out their act.