Richard Parsons
Richard Parsons
Richard Dean "Dick" Parsons, an American business executive, is the former chairman of Citigroup and the former chairman and CEO of Time Warner. He stepped down as CEO of Time Warner on December 31, 2007. He is currently the interim CEO of the Los Angeles Clippers NBA franchise...
NationalityAmerican
ProfessionBusiness Executive
Date of Birth4 April 1948
CountryUnited States of America
acceptable companies continue explore structure ways
We will continue to explore ways to structure a combination that will make sense for the two companies and be acceptable to the commission,
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Time Warner had another strong quarter on an operating basis against some tough comparisons, ... I continue to be very enthusiastic about the performance of our businesses.
confidence debt exploring number reduction
We're very comfortable where we are in debt reduction program, ... I have every confidence we've got more than one way to get there. We have a number of alternatives, we're exploring them all.
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The road back may not be as short as we wish, ... But there are solid reasons to feel confident about the future.
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We have devoted a significant amount of time and resources to our review and, based on the substantial work we have done to date, do not expect any further restatements from it,
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sort of hit the pause button on that.
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Ted's leadership role in the formation of global media in general and AOL Time Warner in particular is uniquely significant, ... His values of journalistic independence and public service are a permanent part of who we are and what we do.
good knows love reaching ted television third wonderful
Ted is my man. I love Ted, ... He knows more, particularly about the television space, which is at least a good third of this company. Ted and I have always had a wonderful relationship, and I am going to be reaching out to him, too.
against investors judge movement progress quarter sort
As I said to the investors today, 'Don't judge us by what we said, judge us by what we do,' ... It's going to take us a little while to do some things. But if quarter by quarter we show movement and progress against this plan, I think the investors will then sort of say, 'Well, you know, they've got something there.'
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We are the only media company with a major stake in the Internet
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My biggest dream for this company is to restore it - to bring Time Warner back to the position that I think it once had and, even better than that, to make it the greatest company in the media and entertainment world.
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We hope in the next several months that we'll be able to announce something positive there.
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What we have here is the city selecting services that, for whatever reason, the city happens to like and directing those services to be put on.
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I don't think piracy is going to kill the music industry. But digital technology and the ability to download will change the packaging from CDs to a single-based business.