USA Networks is a little bit of a different animal now. It's not the true media company anymore,
Parsons has been around longer. My impression of Parsons was that he was incredibly well thought-of, very diplomatic, and probably very well-received in D.C.
Pre-Sept. 11, what we saw was a weak ad environment with indications that things might have been improving. Things were looking incrementally better. Not good yet, but incrementally better.
Disney has seen a turn in their businesses but if you look out beyond this year, things get a lot more difficult.
I don't really think things have changed that much. Eisner is still there and the Street perceives Mitchell as very much tied to Eisner.
I think what they've created is the fastest growing company in the media space focused on interactivity. In a nutshell, you had the Internet bust, valuations go bust, but clearly there is value to the businesses that can be done on the Internet.
