Sumner Redstone Quotes

“Success is not built on success. It's built on failure. It's built on frustration. Sometimes its built on catastrophe.”

— Sumner Redstone

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.

— Sumner Redstone

“Sometimes divorce is better than marriage.”

— Sumner Redstone

“I think we're in the beginning of a bull market. When a bull market begins, nine months later the economy turns around.”

— Sumner Redstone

“We recognize the need to adapt to a changing competitive environment.”

— Sumner Redstone

“The Internet is a powerful way to make lots of money ... But we are not going to buy Yahoo!”

— Sumner Redstone

“Murdoch paid too much for the Wall Street Journal even when he didn't have any competition.”

— Sumner Redstone

“The newspaper is dying. I'm not sure there will be newspapers and its one business I'd never be in.”

— Sumner Redstone

“We need to listen to consumers' needs.”

— Sumner Redstone

“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.”

— Sumner Redstone

We understand that the real market value of Blockbuster may never be fully realized as a wholly owned part of Viacom.

— Sumner Redstone

“Viacom's results for the first quarter put the company on a fast track for another record year in 2004.”

— Sumner Redstone

“Opportunity does not knock. You have to find it”

— Sumner Redstone

“I've always had that obsessive will to win and a commitment to excellence.”

— Sumner Redstone

We all have to decide how we are going to fail, by not going far enough or by going too far.

— Sumner Redstone

“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.”

— Sumner Redstone

“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.”

— Sumner Redstone

“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.”

— Sumner Redstone

“I 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

“The information superhighway is a dirt road that won't be paved over until 2025.”

— Sumner Redstone

“Great success is built on failure, frustration, even catastrophy.”

— Sumner Redstone

“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.”

— Sumner Redstone

“I will believe in the 500-channel world only when I see it.”

— Sumner Redstone

“We don't think that someone who effectuates creative suicide and costs the company revenue should be on the lot,”

— Sumner Redstone

“I listen to my daughter. I listen to Paula, but I make the decisions. The decision to say goodbye to Cruise was mine.”

— Sumner Redstone

“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.”

— Sumner Redstone

“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 Redstone