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
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
suicide thinking creative
We don't think that someone who effectuates creative suicide and costs the company revenue should be on the lot,
believe world
I will believe in the 500-channel world only when I see it.
frustration great-success built
Great success is built on failure, frustration, even catastrophy.
technology dirt-roads information
The information superhighway is a dirt road that won't be paved over until 2025.
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.
past opportunity reality
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.
years track records
Viacoms results for the first quarter put the company on a fast track for another record year in 2004.
hard-work dubai turkeys
When I lose my marbles which is never, when I lose my energy, I travel the world today for Viacom, China, Turkey, Dubai, Kuwait. When that happens, I'll know enough to retire, but that's never gonna happen. I'm here for forever.
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.
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.
commitment winning excellence
I've always had that obsessive will to win and a commitment to excellence.
positive opportunity doe
Opportunity does not knock. You have to find it
divorce sometimes after-divorce
Sometimes divorce is better than marriage