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.
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We are extremely fortunate to have John, a top-notch executive with more than 25 years of experience in the service-oriented retail business, as the new leader of Blockbuster Entertainment,Sumner Redstone
Let me say it remains our intention to split off Blockbuster from Viacom sometime after the first of the year, ... Having said that, we will not give it away.
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We recognize the need to adapt to a changing competitive environment.
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We've delivered on our promises and greatly enhanced shareholder value. This move reflects our optimism in the company's ability to sustain its momentum in 1999 and beyond.
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The concepts of our shows that we've created here (in the U.S.) travel in China and around the world, even though the language is different,
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