The Australian today has a thorough report by James Chessell about PBL Media, analysing the company’s debt situation and future options. What caught my eye was the last paragraph.
So it will be down to the day-to-day business of producing popular programs, printing better magazines and keeping costs down to ensure that the gap between what CVC spent and it gets back is as small as possible.
This ties in with my post yesterday. Better product delivers more sustained growth whereas price and other tricks only deliver sales spikes in my view.