It's an evolution in thinking. The plans are more realistic in terms of what will work for the Internet.

We decided after understanding what AOL would like that we were not interested, and we told them a couple days after the meeting.

Nothing significant has really changed. We have lots of concepts in development, some will get green-lit and some won't.

Yahoo's really happy with Lloyd and Lloyd is 100 percent committed to Yahoo.

There is going to be an enormous integration challenge for any company that acquires AOL.

We've explained that this was two separate news organizations, two separate photographers and two separate occasions. Once people understand that, they're no longer angry with us.

Our focus is not doing a string of one-off hits like the TV model.

We're focusing on tying all the different pieces together. We won't pursue a project unless we think there is an opportunity to make a sustainable business of it.