Early Life and Career
Sumner was born in Boston, Massachusetts, to Michael and Belle (née Ostrovsky) Rothstein. "Red stone" is a literal translation of the German-Jewish name, "Rothstein". Michael Rothstein owned Northeast Theater Corporation in Dedham, Massachusetts—the forerunner of National Amusements -- and the Boston branch of the Latin Quarter Nightclub.
Sumner Redstone attended the Boston Latin School, from which he was graduated first in his class. He then attended Harvard College, where he completed the studies for his baccalaureate in three years. Later, Redstone served in World War II, with a team that decoded Japanese messages for the United States Army. After this military service, he worked in Washington, D.C., and attended Georgetown University Law School. He transferred to Harvard Law School and received his LL.B., later amended to a Juris Doctor, from that institution.
After completing law school, Redstone worked for the United States Department of Justice Tax Division in Washington, D.C., and San Francisco, then entered private practice. After a few years later, he joined his father's theater chain.
As National Amusements grew, Redstone came to believe that content would become more important than distribution mechanisms: channels of distribution (in varied forms) would always exist, but content would always be essential (Redstone coined the phrase, "Content is king!"). He invested in Columbia Pictures, Twentieth Century Fox, Orion Pictures, and Paramount Pictures (Redstone's Viacom would buy Paramount in the 1990s), all of which turned over huge profits when he chose to sell their stock in the early 1980s.
In 1979, he suffered severe burns in a fire at the Copley Plaza hotel, in Boston, but survived after extensive surgery at Massachusetts General Hospital.
Read more about this topic: Sumner Redstone
Famous quotes containing the words early, life and/or career:
“Early education can only promise to help make the third and fourth and fifth years of life good ones. It cannot insure without fail that any tomorrow will be successful. Nothing fixes a child for life, no matter what happens next. But exciting, pleasing early experiences are seldom sloughed off. They go with the child, on into first grade, on into the childs long life ahead.”
—James L. Hymes, Jr. (20th century)
“Man will become immeasurably stronger, wiser, and subtler; his body will become more harmonious, his movements more rhythmic, his voice more musical. The forms of life will become dynamically dramatic. The average human type will rise to the heights of an Aristotle, a Goethe, or a Marx. And above these heights, new peaks will rise.”
—Leon Trotsky (18791940)
“Work-family conflictsthe trade-offs of your money or your life, your job or your childwould not be forced upon women with such sanguine disregard if men experienced the same career stalls caused by the-buck-stops-here responsibility for children.”
—Letty Cottin Pogrebin (20th century)