We recognize the need to adapt to a changing competitive environment.
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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
Sometimes divorce is better than marriage.
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The reason we have not gone to newspapers is because its a slow growth industry and I think they are dying. I'm not sure there will be newspapers in 10 years. I read newspapers every day. I even read Murdoch's Wall Street Journal.
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Having completed a strategic refocusing on its core television business, Spelling is a perfect fit with Viacom's entertainment business. By fully integrating Spelling into the Viacom family, with the efficiencies and economies of scale we can bring to bear, both Spelling's and Paramount's operations will be greatly enhanced.
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
Murdoch paid too much for the Wall Street Journal even when he didn't have any competition.
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Based on Topics: Environment QuotesThe only other thing that interested me as a kid was being a bricklayer. So if I hadn't become an actress, I would probably be a bricklayer.
Nikki Cox
Wisdom is not wisdom when it is derived from books alone.
Horace