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Considering that Viacom shares have nearly doubled in price over the last six months or so, I'm surprised this board doesn't get more action -- especially considering Paramount's interest in that there Titanic movie thing. Anyway, the L.A. Times did an extensive interview with Viacom Chairman Sumner Redstone earlier this week. You can read it at:

Pithy quote:
Q: You recently gave a speech that was very bullish on the entertainment business.
A: I keep reading all these dour assessments . . . and it's absurd. We have a juggernaut in the entertainment industry, and it's going to move ahead aggressively, and people who don't recognize it are going to be losers. We have a great business. It requires some restraint, though. [At Viacom] we're very fortunate because what we have done is marry the most powerful group of cable networks to a great studio.

Read it quickly... these Times links go dead after a while.

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