The explosion was good. It sent a message to the rest of the world that the time of the big star getting all this money is over. And it is! I would like to think that what I did, or what we did, has had a salutary effect on the rest of the industry.

I listen to my daughter. I listen to Paula, but I make the decisions. The decision to say goodbye to Cruise was mine.

It was always tough, but today we are in the throes of something we have never seen in our history. It's clear in recent times the market is looking for a bottom.

Viacoms results for the first quarter put the company on a fast track for another record year in 2004.

Murdoch paid too much for the Wall Street Journal even when he didn't have any competition.

We all have to decide how we are going to fail, by not going far enough or by going too far.

One doesn't accept bad challenges. Part of it is always the risk-taking without seeing that the risks are rational and the rewards are commensurate.. are more than commensurate.. with the risks.