We understand that the real market value of Blockbuster may never be fully realized as a wholly owned part of Viacom.
More Quotes from Sumner Redstone:
Viacom's exceptional third-quarter results highlight the across-the-board strength of our company, ... In addition to the return to significant growth at Blockbuster, we continue to see outstanding performances at the Paramount studio and at the MTV and Showtime networks.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
It is clear that... Viacom's businesses have inherently different growth characteristics and investment attributes that appeal to different types of investors,
Sumner Redstone
Consolidation was a necessary and positive trend in the evolution of these businesses. But we have entered a new era of rapid technological change and global competition. Bulk will not ensure success.
Sumner Redstone
Having completed a strategic refocusing on its core television business, Spelling is a perfect fit with Viacom's entertainment business. By fully integrating Spelling into the Viacom family, with the efficiencies and economies of scale we can bring to bear, both Spelling's and Paramount's operations will be greatly enhanced.
Sumner Redstone
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You who live your lives in cities or among peaceful ways cannot always tell whether your friends are the kind who would go through fire for you. But on the Plains one's friends have an opportunity to prove their mettle.
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