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.
Sumner RedstoneMurdoch paid too much for the Wall Street Journal even when he didn't have any competition.
Sumner RedstoneIt 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.
Sumner Redstone