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      • Shari Redstone isn’t ready to get out of the entertainment business just yet. The media heiress has ended discussions to sell her controlling stake in Paramount Global PARA -0.76% to Skydance Media and merge the two companies, drawing to a close months of negotiations in one of the messiest deal dramas to play out in recent years.
      www.wsj.com/business/media/shari-redstones-nai-decides-to-stop-discussions-with-skydance-1b81985b
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  2. Jun 12, 2024 · June 11, 2024. The 70-year-old mogul was unhappy with changes to deal terms that would have meant less money flowing to the family’s holding company, National Amusements Inc., two sources said. The...

    • meg.james@latimes.com
    • Senior Entertainment Writer
  3. Sep 6, 2024 · Redstone in July gave her final agreement to sell the company behind the Paramount studio to Skydance in a deal that values the new company at $28bn. The deal is expected to close in 2025. As...

  4. May 3, 2024 · Paramount’s special board committee appears to have cooled on the offer, which would have seen the David Ellison-led studio, joined by financial partners RedBird Capital and KKR, acquire...

  5. Jun 4, 2024 · Shari Redstone left investors guessing about the potential sale of Paramount during its annual meeting and instead stated her “confidence” in the executives who are pitching to keep the ...

  6. Dec 21, 2023 · Shari Redstone, Mr. Redstone’s daughter, is weighing a sale of her family’s controlling interest in Paramount’s parent company just five years after she won a fight to retain control of her...

    • Benjamin Mullin
  7. Jun 12, 2024 · Shari Redstone has finally spoken. After weeks of endless speculation about the future of Paramount Global, and more than half a year of grueling negotiations, the heiress called off talks with...

  8. Jun 9, 2024 · Days after reports that Skydance had finally come to an agreement with Paramount’s special committee, there has been a pregnant pause as Redstone considered whether to pull the trigger on a...