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Untitled Document

Viacom's CFO reveals the company's sweet spot

Published: Tuesday, May 23, 2006

Viacom CFO Mike Dolan (no relation to the Dolans of Cablevision, we think) says that Viacom has a plan for rapid growth but Western Europe isn't included. Viacom wants to leave their footprints all over the world and they plan to do that by throwing Sumner's cash at cash hungry entrepreneurs.

And now Quotes By Mike Dolan:

"I don't think we can get from where we are to where we want to be simply by greenfielding it, In most places we want to be that will mean acquisitions."

"The international market will likely remain a general entertainment market, a very specific, targeted demographic is one that may be really tough to implement."

"The sweet spot for us is digital acquisitions,"

Wonder what Les Moonves' plans are for his half?

read....

Labels: LesMoonves

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