"While it's impossible to be completely prepared for a downturn of this magnitude, we began priming ourselves for a weakening economy earlier last year. We have implemented strict cost cutting measures across all our operations. We have reduced headcount in individual businesses where appropriate and we've scaled back on capital expenditures. Even in plush times, we have never been a company that tolerates fat. So in times like these, we are better positioned to weather this cycle than our competitors."

“News — communicating news and ideas, I guess — is my passion. And giving people alternatives so that they have two papers to read (and) alternative television channels.”

“We have the long-term rights in most countries to major sporting events and we will be doing in Asia what we intend to do elsewhere in the world, that is, use sports as a 'battering ram' and a lead offering in all our pay television operations.”

“I have to admit that until recently I was somewhat wary of the warming debate. But I believe it is now our responsibility to take the lead on this issue.”

“They’ve started it. We’ve had bitter, personal attack on some of our people. They tried to destroy our credibility as a network. But it is only natural that the people can stand who were personally attacked and their children were personally attacked should fight back and I support them. I support my people completely.”

“The greatest thing to come out of this for the world economy, if you could put it that way, would be $20 a barrel for oil. That's bigger than any tax cut in any country.”

“People are reading news for free on the web, that's got to change.”