Michael Nathanson Quotes
This stock has come to expect a few-penny beat every quarter ... This was only an in-line quarter. 
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Looking at EBITDA disguises the fact that after capital expenditures, interest income and working capital, there is often little cash left over for equity shareholders.
- Michael Nathanson
In the short term, it's going to lead to reduction of the artists on contracts, as it moves to cut unprofitable relationships pretty aggressively, ... Some of that would have happened anyway, but this speeds it up -- you have an owner who just put a lot of cash into it and needs to get some of that cash back out.
- Michael Nathanson