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Redstone Era Ends as Paramount Sells to Skydance in $8B Deal

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Source: The New York Times
Redstone Era Ends as Paramount Sells to Skydance in $8B Deal
Photo: The New York Times
TL;DR

Shari Redstone, after decades of fighting to control her family's media empire, Paramount, finally sold her stake to Skydance Media in 2024, relinquishing her control of the company she once fought to lead, in a deal valued at $8 billion that included significant personal payments.

Topics:entertainmentbusiness#business#media-empire#paramount#sale#shari-redstone#skydance-media
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  1. Why Did Shari Redstone Give Up Control of Paramount?  The New York Times
  2. Ellison’s Long Deleveraged Recap Journey Into Night  puck.news
  3. For Paramount and CBS, the Redstone Era Ends With Little Fanfare and Diminished Assets (Column)  Variety
  4. Larry Ellison's Strategic Expansion into Media and Entertainment: A New Frontier for Tech-Driven Diversification  AInvest
  5. Paramount Sold to Skydance in $8B Merger, Ending Redstone Era  WebProNews

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