Viacom's results for the first quarter put the company on a fast track for another record year in 2004.
More Quotes from Sumner Redstone:
We are siblings separated in 1971 and are today reunited, ... This partnership seems almost dictated by destiny.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
The transaction should also enable us to retain the best people for each business and would provide incentives for the creation of shareholder value that are more closely tied to the businesses they run,
Sumner Redstone
We have made a strategic decision that the future of Viacom lies in maximizing the value and potential of our core entertainment assets. The sale of our education, professional and reference publishing businesses will further refine that focus on software-driven entertainment, unlock the substantial value of these undervalued publishing assets for our shareholders and dramatically improve our capital structure.
Sumner Redstone
Murdoch paid too much for the Wall Street Journal even when he didn't have any competition.
Sumner Redstone
The significant strengths of new Viacom to deliver consistent double-digit, bottom-line growth and the proven cash generation ability of CBS Corp. will underpin their performance and define their attractiveness to investors.
Sumner Redstone
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