— into a more attractive asset.
Tellem, who remains on the board, did not respond to a request for comment. A source close to the company also says he was told on good authority that Steve Stark, president of scripted TV production and development, revised his deal in recent months to no longer report to Burnett but instead to the board .
"Apple is so huge. Paying up for this would be nothing," says Wall Street analyst Hal Vogel. “They are sitting on $250 billion in cash.” Still, he thinks that no move toward a sale would take place before. “You’d want to sell it after the Bond film. That will make the debt more serviceable, and the valuation of the equity should be higher."
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