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You almost have no choice but to continue to innovate because if you don't, you are likely to atrophy rather than expand.
David Carey
YouChoiceBecauseExpandAlmost
Sentimentality is probably the biggest enemy for the magazine business. You have to embrace the future.
FutureBusinessYouEnemyEmbrace
It's hard for us to pay $200 million for properties that don't make money.
MoneyHardPayUsMakeMillion
We would buy more magazines if they are category leaders. We like to acquire earnings potential.
PotentialMoreBuyWouldLike
Fashion advertisers are committed to print. It's still a growth business, almost as much for the advertisements as the editorial content.
GrowthBusinessFashionContentMuch
We've had no broad-based layoffs at Hearst during my time.
TimeLayoffsMy TimeHad
One of the key trends in all the papers today is how tablets are eroding use of laptops. That's a good trend for the magazine industry e-subscription sales.
GoodTodayKeyTrendsSalesTrend
The U.S. business for most magazines is a moderate growth business. The international business - especially in China and Russia - is a faster growth business.
GrowthBusinessRussiaChinaFaster
Big media companies can't be like big battleships; they have to feel nimble.
FeelMediaBigLikeNimble
Constant change is going to be with us forever.
ChangeForeverUsGoingConstant
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