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Okay mullah Hulu could soon be bought up by another media brands looking to gain its contents -- well -- were -- I think its own brands.
-- open auditions for anchors here in Manhattan as they focus on new -- contents are calling it AOL live at Dennis our jobs think -- on -- earlier I had a chance to speak with -- -- chairman and CEO Tim Armstrong about that and also in the mood.
Out in Sun Valley this year.
I think the mood in general is you know people are cautiously optimistic.
On the economy side overall and I think on those on the deal side and and what you see in the media landscape I think you're seeing.
You know the separation of some of the conglomerates between TV.
Then newspapers and those type of things happening and then deal separately I think you're seeing a real push and the digital.
With the traditional media people going more more -- digital and a more of you know holistic combination.
But really how Digital's gonna serve our consumers and advertisers.
Subscribers so I -- I think you know the mood here are generally is there's a lot of partnership.
And as always -- -- Sun Valley brings together the best of traditional divested digital and this is a great opportunity for people to connect sit.
The big question for many that are in your industry whether it's Internet television.
Radio print is what is content distribution it'll look like in five years -- -- having those discussions and Sun Valley.
-- I think those discussions are happening actually every day across the industry and I if you really think about and look what's been announced in the last twelve months.
You know I think -- a couple of years ago is out of favor.
Today almost every major platform the Internet -- -- contents strategy about distribution so if you look across the -- the twitters.
Apple all of the major distribution companies -- -- All want to partner with content companies so for Aussie oil wells were invested heavily in -- there's a lot of other content companies here.
Know the opportunities to distribute content and have a broader model around content in the digital era is really tremendous and I think it's only just beginning.
-- a couple of big things happening for your company this week first off city initiated coverage on you.
They put a bio on you an analyst mark may have a they're saying that if the shareholders are patient.
That AOL as -- reward them.
Over the next year I know your strategy for contents is to go live.
Is that rethink the growth the -- wells going to be.
What we say get our company level inside of the industry Doug -- tennis can.
And has more of the devices compete more than networks get -- -- contests become a bigger and bigger place.
Within the industry overall our strategy specifically has been going to.
Five mega brand areas that serve humans very well so you look at the -- and impose sort techcrunch were stylist.
-- -- we've invested very heavily and very specific content areas that are very human.
Driven and what humans care about and I think when you think about our strategy the new -- of our strategy were layer on from a platform perspective is live.
And we believe devices and networks are getting faster and faster.
So the ability to put content up faster -- is going to be really important and we just ran our AOL live opening.
We've got Huff post live for the last year.
-- live has had done 9000 guests from 85 countries.
How to impose traffic now is outside -- the United States so.
This is not only opportunity in this country in the US but this is a mega trend globally where content is going to be comes.
They're really the centerpiece of the Internet and in mobile for distribution.
You also initiated a share -- back this week as well so it looks like the company overall and you yourself were confident in the future.
Certainly of hail well what do you think that shareholders really need to know about the next twelve months and -- right now the Sox up toys and presents you're out performing.
The NASDAQ at this point here today but for the next six months worried that you're really gonna find out one key.
Piece of shareholder.
You know benefit if you well.
Yeah I think buyback we just announced is a continuation of what we've done a few you know from the -- the -- do in the future and -- -- were very specific about this which as we have been investing heavily.
Into the areas where we figured that's going and investors are saying not pay off the second piece is we I think we've been very shareholder friendly.
In terms of making sure that when we invest ourselves -- -- business were also investing.
And what's going to be a huge value for shareholders and -- buyback strategy over time has done.
Very nice figure very big asset for shareholders and not buyback we just announce a continued -- you know will -- have enhanced benefits so I think.
Investors over the next twelve months should look at us to get operationally better against our strategy.
And continue to -- bold.
In the contents face and in the technology space and then also just to continue to be very shareholder friendly.
All right well again that's -- is about twice a percent here today our thanks to AOL CEO chairman Tim Armstrong for joining us from Sun Valley.
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