I can tell you how bad our boards are... I don't have to watch Saturday Night Live anymore; I just go to the board meetings.

In life and business, there are two cardinal sins. The first is to act precipitously without thought and the second is to not act at all.

Now the guy that got to the top, the CEO, would obviously be stupid to have a number two guy who was a lot smarter than he is. So by definition, since he's a survivor and he got to the top and he isn't that brilliant, his number two guy is going to always be a little worse than he is. So, as time goes on, it's anti-Darwinism, the survival of the un- fittest.

With some exceptions, the wrong people are running U.S. companies. It's been that way for years, and it hasn't gotten much better.

When nobody wants something, that creates an opportunity.

I can tell you how bad our boards are... I don't have to watch Saturday Night Live anymore; I just go to the board meetings.

A great company in the media business needs visionary leaders, not a conglomerate structure headquartered in Columbus Circle that second guesses.