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Large is no longer in charge

Large is no longer in charge.”

-- Viacom emperor Sumner Redstone

Redstone imparted his wisdom during a recent analyst call. He said that, “Agility and innovation will separate the winners from the losers … Leverage will belong to the nimble and the swift and of course content will always remain king.”

It’s a good time to be small. Agility is a rare trait in big things. And Redstone’s sentiments resonate in industries far outside media and entertainment, too.