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As a point of comparison, the same revenue ex-TAC figures for the Americas grew to $811 million in the quarter, and $1.6 billion in the half-year period.
"We're not generating the same revenue.
"And we're both tied to the same revenue source.
And open access ends up producing at least the same revenue as the old system.
Analysts are expecting earnings per share of $2.42 on the same revenue.
Broadcasts of their sports just do not draw the same revenue.
Scott Kriens, the chief executive, said he expected about the same revenue for the current quarter.
"So just to get the same revenue, you need to raise tax rates by that much," Mr. Rattner said.
Mr. Cain said an independent analyst had examined the plan and found that it would raise the same revenue as the existing tax structure.
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Amendment 1 requires that 33% of Florida's documentary stamp tax revenue--the same revenue used to fund the housing fund--be used for environmental and land purpose programs for a 20-year period beginning in 2015.
While this didn't generate the same revenue club grounds hold fewer people and the hosts needed to be paid for their troubles it did have two distinct advantages.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com