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Shari Redstone's Paramount Exit Highlights Strategic Shifts and Challenges

1 min read
Source: Variety
TL;DR

The Redstone family's control over Paramount and CBS has ended with the sale of Paramount Global to David Ellison's Skydance Media for about $8 billion, marking a significant shift in the media landscape and concluding a tumultuous era for the Redstone legacy.

Topics:entertainmentbusiness#business#cbs#media-ownership#paramount#redstone#skydance-media
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  1. For Paramount and CBS, the Redstone Era Ends With Little Fanfare and Diminished Assets (Column)  Variety
  2. Ellison’s Long Deleveraged Recap Journey Into Night  puck.news
  3. Shari Redstone’s Short & Sweet-ish Paramount Exit Memo, As Skydance Takes Over Thursday: “It Is Not Easy To Step Away”  Deadline
  4. Shari Redstone Highlights Paramount+ Growth and CBS Ratings 'Wins' in Skydance Merger Exit Letter  TheWrap
  5. Paramount – a case study in how playing politics can get a brand roasted  The Drum

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