Time Warner CEO Dick Parsons defended the company’s stock performance at the annual stockholders’ conference last Friday, according to Variety. Stockholders grilled the exec for two hours over Time Warner’s slow growth rate. Parsons responded by saying, "It's the first time in a long time that I've been able to show something like this," pointing to a graph that showed steady increase.

The CEO also focused on how the HBO Mobile and AOL-Time joint venture initiatives would poise Time Warner for growth in the coming years, implying the future of media would be carried on the heels of digital. Parsons stayed away from the topic of his stepping down next year, and the stockholders did not pry. On the whole, Parsons noted, "I wouldn't go so far as to say it's all good. But it's largely good."

That will have to be good enough for Time Warner stockholders for now.