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4 days ago · The move represents another dramatic reversal by media mogul Shari Redstone, who controls National Amusements and its 77% voting shares in Paramount Global.
Jun 17, 2024 · Redstone's decision to form what was then called ViacomCBS was seen as misguided: Too small to compete with growing giants like Netflix, yet big enough to make a sale complicated. Flashback: Like many media companies, Paramount is controlled by a powerful minority investor — in this case, Shari Redstone, who inherited it from her father Sumner in a family drama that helped inspire HBO's ...
Jun 12, 2024 · Shari Redstone pulled the plug on Paramount's proposed sale to Skydance Media on Tuesday, deciding to hold on to her family's treasures. (Martina Albertazzi / Bloomberg via Getty Images)
Jun 11, 2024 · LOS ANGELES (Reuters) -Media heiress Shari Redstone abruptly ended talks with David Ellison's Skydance Media on Tuesday, killing the potential sale of a controlling stake in Paramount Global to...
Jun 26, 2024 · Redstone security guards checked vehicles Thursday at Gate 1 on Martin Road. Random inspections are among Redstone’s force protection measures.
4 days ago · The deal between Shari Redstone and Skydance Media that was scrapped a few weeks ago has ... followed by any and all other deals," analysts Ric Prentiss and Brent Penter wrote in a note to ...
Jun 12, 2024 · Instead, Paramount’s controlling shareholder Shari Redstone called the whole thing off, an exasperating move for all sorts of Wall Street and Hollywood players.