Jeff Smulyan Quotations

We're now close to $1 billion in aggregate sales proceeds while we continue to evaluate alternatives for our remaining stations,

I think it was probably good for my career, ... was jolted, and I was jolted. Nobody likes to be a pariah, but it's probably good to be a pariah for a while.

We never know what Wall Street will love and what Wall Street won't love, ... We have to do the things that make the most sense.

We're encouraged with how strong the quarter finished for our radio stations, which outperformed their markets for the sixth straight quarter, ... As we continue to focus on operations, the disposition of our TV assets continues. The sale of 9 of our 16 stations will result in proceeds that exceed expectations.

Today's announcement furthers our goal of doing what is right for our shareholders and employees, ... With our previously announced sale of nine stations, we're now close to $1 billion in aggregate sales proceeds while we continue to evaluate alternatives for our remaining stations.

but our people felt this was a decision that made sense for the company.

What we are going to do is focus on what will really create value around here,

We're very happy because we way exceeded Wall Street's expectations, and I think that's why the stock is way up,

They are all people with ties not only to this city but also to this region, ... They will all help in making us the best stewards possible of this franchise.

Radio was sort of the darling of the media world until about three or four years ago. Then it took a turn, ... Now, you can't go into a 7-Eleven without somebody asking: What about satellite radio?'

The months of March, April and May are spectacular, but we don't expect to replicate that in the rest of the year, ... We are seeing a little bit of a slowdown ... but clearly radio is growing in the minds of all advertisers.

There's a big difference when you're making 10 (percent) and the industry's at 8 (percent), and when you're making 5 (percent) and the industry's at 2 (percent).

It's hard to determine what's happened, but I've been told nothing has, so that's what I have to go by. It's been a long, long process, and right now all we can do is hope for the best. We're hopeful.

It'll be all the rage, ... I'm sure of it.

Buying radio remains our top priority, and we expect success in that area soon, which is why it is important for us to retain significant capacity for upcoming acquisitions,

I am very, very proud of him. There are very few people who've been able to start something from scratch and build it to a major American retailer.