Eugene David ...The One-Minute Pundit |
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Wednesday, October 08, 2003
Interesting stat:
The new management reckons that after a projected $500 million in cost savings is taken out, the new company will generate an industry-leading 20% operating profit on sales of $13 billion in 2003, with the revenue split evenly between fees and advertising [emphasis added]. In other words, The AMERICAN SOCIETY OF WILLFULLY IGNORANT ADVERTISERS will effectively finance half of NBC Universal's JUNK movies and TV! I'll say it again: THERE'LL BE NO REFORM OF SHOW-BIZ SO LONG AS MADAVE'S MORONS RUN THE SHOW.
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