If Figure Skating had the same season as Tennis does, i.e., 4 Grand Slams with the same contestants, I would say Speedy is correct, but it DOESN'T!!!. Figure Skating has the Euros, the Worlds and the Olys, and what we call cheesefests.
The loss of interest in Figure Skating is due to the lack of penalties given to judges who collaborate with other judges to fix a result. We know from SLC that that is what happened. However, only the French were implicated. No one in their right mind believes the French fixed the competition with no perceivable value to the French Federation. France was not in contention for a Pairs medal!! There had to be another Federation involved for the French to gain something from the fix, most likely Dance. Further investigation into the other collaborating Federation never took place. It was swept under the rug in the interest of figure skating.
The public both fans and general are not satisfied with just implicating the French. The public is not stupid. They now have serious reservation about the results of any competition, and if there is a scandal, the public expects that it will covered up. The public has lost interest in watching TV competitions. They do not consider it an upstanding sport.
The loss in revenue is quite substantial and this is why Speedy needs to perk up the Grand Prix events. The "stars": Kwan, Cohen, Plushenko are not keen on competing in these events, and indeed, their presence in the GPs brings in more money. As CEO of the ISU he has to ensure that money is coming into the Union for operating expenses (including his salary). Rather than working on cleaning up the system of judging so that there is never a shadow of doubt in the scores, he refuses to let the public know the names and nationalities of the judges. How can those poor judges fix a contest if their names are on public view? One of the ways is to insist that the judges' names used in the scoring be available right after the event is concluded.
Speedy should hold a top level meeting not to force the "stars" back into the GPs but to find ways and means to get the public interest back. This whole thing is a bread and butter issue for the ISU.
Joe