“What I'm pretty sure is, it is not going to be a No. 1 bestseller for 26 weeks, ... And I'm also pretty sure it's not a disaster. So it's somewhere in the middle.”
“There has been (talk on Wall Street) that major media companies are out of favor. I have seen this chicken-little behavior before, ... I have worked in the industry for four decades. At least once a decade they fall out of favor, but each time they emerge stronger than ever. This is for cyclical economic reasons.”
