Success is not built on success. It's built on failure. It's built on frustration. Sometimes its built on catastrophe.— Sumner Redstone
The most informative Sumner Redstone quotes that are simple and will have a huge impact on you
Murdoch paid too much for the Wall Street Journal even when he didn't have any competition.
Sometimes divorce is better than marriage
Opportunity does not knock. You have to find it
I've always had that obsessive will to win and a commitment to excellence.
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.
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.
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.
I love Viacom. I love CBS. And so I don't want to die. I have a will to live. The same will to win that I've always had. And — I'm gonna fight death as long as I can. I like it here. I don't want to go anywhere else.
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.
I listen to my daughter. I listen to Paula, but I make the decisions. The decision to say goodbye to Cruise was mine.
I think we're in the beginning of a bull market.
When a bull market begins, nine months later the economy turns around.
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.
We recognize the need to adapt to a changing competitive environment.
The information superhighway is a dirt road that won't be paved over until 2025.
The Internet is a powerful way to make lots of money... But we are not going to buy Yahoo!
We don't think that someone who effectuates creative suicide and costs the company revenue should be on the lot.
The newspaper is dying. I'm not sure there will be newspapers and its one business I'd never be in.
We all have to decide how we are going to fail, by not going far enough or by going too far.
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.
To have big success, you must have big dreams, and you must be willing to take a chance.
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.
We need to listen to consumers' needs
Great success is built on failure, frustration, even catastrophe.
Viacom's results for the first quarter put the company on a fast track for another record year in 2004.
We understand that the real market value of Blockbuster may never be fully realized as a wholly owned part of Viacom.