The Internet is a powerful way to make lots of money... But we are not going to buy Yahoo!
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 RedstoneOne 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.
Sumner RedstoneAt 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.
Sumner RedstoneI 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.
Sumner Redstone