“The $2 billion ... reduced $63 billion of debt to $27 billion ... something like a 3300% return”
♫
Said on Slate Money
“We thought our digital heart could take those book, those magazine hard copy books and make a digital life.”
Channels with Peter Kafka · Barry Diller on Big Bets, AI, and Knowing When to Walk Away
Play from 11:33
11:33
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What was described
bought Meredith Publishing for $2.7 billion and digitized its 63 legacy magazines
$2.7 billion; 325 million printed copies per year; 11 straight quarters of growth
Said nearby on the same subject
“The 12 restructurings that have been done so far have reduced $63 billion of debt to $27 billion”
♫
Said on Slate Money
“Finding $180 billion in savings, including a record $63 billion in the last budget”
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Said on Australian Parliament: House of Representatives
“Product hub ... can easily ... do A-B testing ... for insurance products ... we connect with the legacy systems and publish those rates”
♫
Said on The Leadership in Insurance Podcast - Insurtech & Innovation
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