I am very pleased with the progress of the new CBS Corporation. The Company's rapid pace of change and innovative approach to emerging business opportunities can be seen in the many strategic announcements we have made over these past few months. The more focused and more nimble organization we sought to create has become a reality and that aggressive spirit of excellence and innovation will continue to benefit shareholders for many years to come.
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
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
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
Viacom's results for the first quarter put the company on a fast track for another record year in 2004.
Sumner Redstone
We recognize the need to adapt to a changing competitive environment.
Sumner Redstone
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