Viacom’s results for the first quarter put the company on a fast track for another record year in 2004.
More quotes from Sumner Redstone
We recognize the need to adapt to a changing competitive environment.
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Viacom’s results for the first quarter put the company on a fast track for another record year in 2004.
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The newspaper is dying. I’m not sure there will be newspapers and its one business I’d never be in.
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We understand that the real market value of Blockbuster may never be fully realized as a wholly owned part of Viacom.
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I think we’re in the beginning of a bull market. When a bull market begins, nine months later the economy turns around.
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Murdoch paid too much for the Wall Street Journal even when he didn’t have any competition.
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Sometimes divorce is better than marriage.
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The Internet is a powerful way to make lots of money… But we are not going to buy Yahoo!
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We need to listen to consumers’ needs.
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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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Success is not built on success. It’s built on failure. It’s built on frustration. Sometimes its built on catastrophe.
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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.
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