Sumner Redstone Quotes


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.


Citations

Redstone, Sumner. Panel Discussion. Milken Institute Global Conference, Los Angeles, 28 Apr. 2008.

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Sumner Redstone
Sumner Redstone
  • Born: May 27, 1923
  • Died: August 11, 2020
  • Nationality: American
  • Profession: Chairman National Amusements, Chairman Emeritus ViacomCBS

Sumner Murray Redstone was an American billionaire businessman and media magnate. He was the majority owner and chairman of the National Amusements theater chain. Through National Amusements, Redstone, up until his death, was, and his family remain, majority voting shareholders of mass media conglomerate ViacomCBS, in turn, the parent company of the Paramount Pictures film studio, the CBS television network, and various cable networks. According to Forbes, as of April 2020, he was worth US$2.6 billion.