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And it’s pretty clear why she’s in such a rush to put this saga behind her. Recall that in 2019, when she took over the media company created by her dad, the late media mogul Sumner Redstone ...
Some of this was due to Sumner Redstone’s incapacitation not being dealt with early enough, while part also resulted from the legal infighting and corporate control battles as Shari Redstone finally ...
He had been targeted by controlling shareholder Sumner Redstone, the then-93-year-old billionaire, according to news reports from that period. Dauman sued, arguing that Redstone was mentally ...
Media analyst Rich Greenfield of Lightshed Ventures, who has been covering the Paramount deal saga from the start, makes the point that in addition to the improved terms, shareholders like Gabelli ...
Paramount Global, the sprawling media empire behind CBS, MTV, and one of Hollywood’s most storied movie studios, has agreed to merge with technology scion David Ellison’s Skydance Media ...
The agreement cements Ellison as a media mogul, ending Shari Redstone’s control of Paramount through her family’s National Amusements holding company, after her father, the late Sumner ...
In 1987, Shari’s father Sumner Redstone acquired Paramount’s predecessor Viacom for $3.4 billion. Viacom won a bidding war for Paramount Communications for about $10 billion in 1994 and ...
July 8 (Reuters) - Skydance Media's deal to merge with Paramount Global (PARA.O), opens new tab ends a months-long saga that had enough drama to rival a Hollywood movie, including a near collapse ...
COLUMN | CAPITAL CITY America’s Most Popular Federal Agency Is Weirdly Hated in Washington The strange saga of the National Park Service and D.C.’s local parks.
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