Now, though, we're on top of a mature business.

"But it may be more a matter of being in a fairly mature business" than terrible management, he said.

It is just 15 years old, but pay television is already a mature business.

These are said to be typically larger, mature businesses.

Home shopping, he said, should not be seen as a mature business but one at the vanguard of electronic commerce.

"We are not really interested in having a mature business that is just treated as a cash cow."

It has been around for 25 years and has a more mature business.

I look at the military side of the business and see a mature business in decline.

But the quick service sector is a mature business.

"It's what a lot of mature businesses are doing in the media industry," he said.