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" We recognize the need to adapt to a changing competitive environment. "

Sumner Redstone

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

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" 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. "

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

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" 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. "

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" Sometimes divorce is better than marriage. "

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

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

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" We need to listen to consumers' needs. "

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

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

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