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When CEOs Run Out Of Good Ideas
In this week's article from Broadcast & Cable, John M. Higgins writes that, "in a business that thrives on fads, the hottest mantra among media investors is “return capital to shareholders.” At nearly every investor presentation or earnings conference call, media CEOs and CFOs are peppered by analysts and money managers with questions about the company's plans to boost its share price by buying back its own stock or starting to pay dividends."
Stock buybacks are no miracle cure for media giants' woes. To read about the thinking going on inside Comcast, Time Warner, Clear Channel and more, click the headline and read on.
posted by Unknown @ Wednesday, June 15, 2005,
