I think we're in the beginning of a bull market. When a bull market begins, nine months later the economy turns around.
More Quotes from Sumner Redstone:
Look at the assets we bring together, ... We bring together a great studio and the most powerful cable networks in the world. We add that to CBS network, CBS' wonderful television station, CBS Radio, CBS Outdoor Advertising and soon we're adding (syndication company) King World to it. There's no company in the world that has that mix of assets. This will be the fastest-growing media company in the world.Sumner Redstone
The Internet is a powerful way to make lots of money... But we are not going to buy Yahoo!
Sumner Redstone
In the second quarter and beyond, we will continue to benefit from the combination of a vibrant advertising market and strong ratings at our cable networks.
Sumner Redstone
Murdoch paid too much for the Wall Street Journal even when he didn't have any competition.
Sumner Redstone
Earnings, at 47 cents a share, beat by 2 cents the consensus forecast of analysts surveyed by Thomson First Call. This is an exciting and extraordinary time for the company, ... are ready to rock.
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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Extraordinary measures were required and I realize that not all of these steps were popular.
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