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.
More Quotes from Sumner Redstone:
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,Sumner Redstone
Viacom's exceptional third-quarter results highlight the across-the-board strength of our company, ... In addition to the return to significant growth at Blockbuster, we continue to see outstanding performances at the Paramount studio and at the MTV and Showtime networks.
Sumner Redstone
The Internet is a powerful way to make lots of money... But we are not going to buy Yahoo!
Sumner Redstone
We have a pretty clear signal that we will be able to keep UPN,
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
The quarter was fuelled by double-digit ad sales growth across the board, spurred by such ratings triumphs as CBS's 'Survivor,' which generated significant prime-time audience gains at CBS, and MTV's 'Video Music Awards,' this year's highest-rated cable entertainment program,
Sumner Redstone
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