It was always tough, but today we are in the throes of something we have never seen in our history. It’s clear in recent times the market is looking for a bottom. – Sumner Redstone
I think we’re in the beginning of a bull market. When a bull market begins, nine months later the economy turns around. – Sumner Redstone
The Internet is a powerful way to make lots of money… But we are not going to buy Yahoo! – Sumner Redstone
The newspaper is dying. I’m not sure there will be newspapers and its one business I’d never be in. – Sumner Redstone
Viacom’s results for the first quarter put the company on a fast track for another record year in 2004. – Sumner Redstone
Success is not built on success. It’s built on failure. It’s built on frustration. Sometimes its built on catastrophe. – Sumner Redstone
Murdoch paid too much for the Wall Street Journal even when he didn’t have any competition. – Sumner Redstone
We understand that the real market value of Blockbuster may never be fully realized as a wholly owned part of Viacom. – Sumner Redstone
The reason we have not gone to newspapers is because its a slow growth industry and I think they are dying. I’m not sure there will be newspapers in 10 years. I read newspapers every day. I even read Murdoch’s Wall Street Journal. – Sumner Redstone
