The Chinese government is more skeptical about American media companies, but I have been going to China for eight years and I don't think it will affect Viacom. In China, it is always two steps forward and one step back.
More Quotes from Sumner Redstone:
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.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
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.
Sumner Redstone
It was always tough, but today we are in the throes of something we have never seen in our history. It's clear in recent times the market is looking for a bottom.
Sumner Redstone
We are siblings separated in 1971 and are today reunited, ... This partnership seems almost dictated by destiny.
Sumner Redstone
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