The only reason this country is different from any place else is that once in a great while, this huge, snobbish, generally untalented news reporting business stops covering stories of interest only to itself and actually serves the public.

The point is, you have to look at Disney in the context of these other major consumer companies, ... We have a global oligopoly today. You've got Viacom, News Corp., Time Warner and Disney. And these are large companies in perfect position to take advantage of the globalization of American entertainment.

The positive news in our view is the dividend... however, the headline net profit looks light.

The positive news is we appear to be making progress,

The positive news is we're making progress on the cost front, led by painful concessions by our employees and suppliers, ... The tougher news is while the revenue environment has improved, it's still depressed by historical standards.