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Quotes By Sumner Redstone

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
HistoryLooking Today

Viacom’s results for the first quarter put the company on a fast track for another record year in 2004.

Sumner Redstone
Company Record Year

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
Growth Reason Sure

The newspaper is dying. I’m not sure there will be newspapers and its one business I’d never be in.

Sumner Redstone
BusinessDying Sure

The Internet is a powerful way to make lots of money… But we are not going to buy Yahoo!

Sumner Redstone
ComputersMoneyPowerful

We understand that the real market value of Blockbuster may never be fully realized as a wholly owned part of Viacom.

Sumner Redstone
Market Understand Value

We recognize the need to adapt to a changing competitive environment.

Sumner Redstone
Adapt Changing Recognize

We need to listen to consumers’ needs.

Sumner Redstone
Consumers Listen Needs

Murdoch paid too much for the Wall Street Journal even when he didn’t have any competition.

Sumner Redstone
Paid Street Wall

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
Beginning Economy Market

Sometimes divorce is better than marriage.

Sumner Redstone
MarriageDivorce

Success is not built on success. It’s built on failure. It’s built on frustration. Sometimes its built on catastrophe.

Sumner Redstone
FailureSuccessBuilt
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