Sumner Redstone
Sumner Redstone
Sumner Murray Redstoneis an American businessman and media magnate. He is the majority owner and chairman of the board of the National Amusements theater chain. Through National Amusements, Redstone and his family are majority owners of CBS Corporation and Viacom. According to Forbes, as of September 2015, he was worth US$5 billion...
NationalityAmerican
ProfessionBusinessman
Date of Birth27 May 1923
CountryUnited States of America
Sumner Redstone quotes about
order long risk
In order to succeed, you have to live dangerously.. as long as the danger is rationally accepted and as long as the rewards far outweigh the risk.
risk challenges rewards
One doesn't accept bad challenges. Part of it is always the risk-taking without seeing that the risks are rational and the rewards are commensurate.. are more than commensurate.. with the risks.
years track records
Viacoms results for the first quarter put the company on a fast track for another record year in 2004.
technology dirt-roads information
The information superhighway is a dirt road that won't be paved over until 2025.
frustration great-success built
Great success is built on failure, frustration, even catastrophy.
mtv fads today
At the time we acquired Viacom, everyone said I had overpaid. But even at today's depressed prices, that investment is worth billions. Everyone was saying MTV was a fad. I knew better.
suicide thinking creative
We don't think that someone who effectuates creative suicide and costs the company revenue should be on the lot,
dying newspapers not-sure
The newspaper is dying. I'm not sure there will be newspapers and its one business I'd never be in
needs consumers
We need to listen to consumers' needs
today tough clear
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.
goodbye daughter decision
I listen to my daughter. I listen to Paula, but I make the decisions. The decision to say goodbye to Cruise was mine.
fighting winning long
I love Viacom. I love CBS. And so I don't want to die. I have a will to live. The same will to win that I've always had. And — I'm gonna fight death as long as I can. I like it here. I don't want to go anywhere else.
stars thinking world
The explosion was good. It sent a message to the rest of the world that the time of the big star getting all this money is over. And it is! I would like to think that what I did, or what we did, has had a salutary effect on the rest of the industry.
wall competition too-much
Murdoch paid too much for the Wall Street Journal even when he didn't have any competition.