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Sumner Redstone Biography

Sumner Murray Redstone (born Sumner Murray Rothstein; May 27, 1923) is an American businessman and media magnate. He is the majority owner and chairman of the board of the National Amusements theater chain. Through National Amusements, Redstone and his family are majority owners of CBS Corporation and Viacom (itself the parent company of Viacom Media Networks, BET Networks, and the film studio Paramount Pictures). According to Forbes, as of September 2015, he was worth US$5 billion.

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Sumner Redstone Quotes

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

Computer, Internet, Lots, Money, Powerful, Way

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

Company, Creative, Suicide, Think, Thinking

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.

Danger, Long, Order, Outweigh, Rationally, Success

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

Business, Dying, Newspaper, Newspapers, Not Sure

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.

Hard Work, Optimistic, Dubai, Today, Travel, Turkey

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

Competition, Journal, Paid, Too Much, Wall

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.

Announcements, Approach, Opportunity, Past, Reality, Strategic

To have big success, you must have big dreams, and you must be willing to take a chance.

Dream, Chance, Bigs, Big, Willing

We need to listen to consumers' needs

Consumers, Listen, Needs

Opportunity does not knock. You have to find it

Positive, Opportunity, Doe, Knock

Sometimes divorce is better than marriage

After Divorce, Divorce, Marriage, Sometimes

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

2025, Dirt Roads, Information, Road, Technology

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.

Acquired, Fads, Investing, Mtv, Viacom, Worth

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.

Fighting, Gonna, Long, Same, Win, Winning

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.

Message, Stars, Think, Thinking, Time, World

Great success is built on failure, frustration, even catastrophe.

Built, Catastrophe, Frustration, Great Success, Success

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

Commitment, Winning, Excellence, Obsessive, Win