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Sumner Redstone Quotes
«It is clear that... Viacom's businesses have inherently different growth characteristics and investment attributes that appeal to different types of investors,»
Author: Sumner Redstone
«The significant strengths of new Viacom to deliver consistent double-digit, bottom-line growth and the proven cash generation ability of CBS Corp. will underpin their performance and define their attractiveness to investors.»
Author: Sumner Redstone
«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.»
Author: Sumner Redstone
«Viacom is off to a strong start in 2000, paced by the continued outstanding performance of MTV Network, which turned in its fifth consecutive quarter of 20 percent-plus ad sales growth, and Showtime, which registered a 25 percent gain in (cash flow) for the first three months of the year.»
Author: Sumner Redstone
«We have made a strategic decision that the future of Viacom lies in maximizing the value and potential of our core entertainment assets. The sale of our education, professional and reference publishing businesses will further refine that focus on software-driven entertainment, unlock the substantial value of these undervalued publishing assets for our shareholders and dramatically improve our capital structure.»
Author: Sumner Redstone
«Viacom's fourth-quarter performance is indicative of a new vitality at the company and the major strides we have made in 1997.»
Author: Sumner Redstone
«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.»
Author: Sumner Redstone
«We are ready to go forward and we are optimistic that the FCC and DOJ (endorsement) will come soon.»
Author: Sumner Redstone
«We have a pretty clear signal that we will be able to keep UPN.»
Author: 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.»
Author: Sumner Redstone
