Edgar Bronfman’s Paramount bid could keep Shari Redstone involved: report
Edgar Bronfman Jr. is open to Shari Redstone staying involved with Paramount Global if Paramount Global’s special committee accepts his consortium’s takeover bid for controlling shareholder National Amusements. CNBC reported: Friday. On Wednesday, the veteran media executive upped his bid to buy Paramount by offering National Amusements $6 billion and a minority stake in the […]
Shari Redstone flashes Amex gold card, Jeff Bezos brings Lauren Sanchez to ‘summer camp for billionaires’ in Sun Valley
Shari Redstone, Barry Diller, Jeff Bezos and his fiancée Lauren Sanchez were among those stirring up buzz at Allen & Company’s Billionaires Summer Camp, which kicked off in Sun Valley, Idaho, on Wednesday. Redstone’s deal to merge Paramount with David Ellison’s Skydance Media was a big talking point as business heavyweights gathered for the first […]
Shari Redstone flashes big smile as she jets into Sun Valley for ‘summer camp for billionaires’ after Paramount deal
Billionaire Shari Redstone was all smiles on Tuesday as she jetted off to Sun Valley, Idaho, with other business, tech and media moguls ahead of Allen & Company’s annual “Billionaires Summer Camp.” Mr. Redstone, looking energetic in a red blazer and sunglasses, was one of the first to arrive at the conference, known as a […]
Paramount and Skydance Merge, Signaling End of Redstone Family’s Reign in Hollywood
NEW YORK (AP) — Entertainment giant Paramount is merging with Skydance, ending the Redstone family’s decades-long run in Hollywood and injecting badly needed cash into the long-established studio that has struggled to adapt to a changing entertainment landscape. It also signals the rise of a new strongman: David Ellison, the founder of Skydance and son […]
Paramount, Skydance merger deal ends Redstone era
Skydance Media and Paramount Global (PARA.O) have signed a new deal and agreed to merge, the companies announced late on Sunday, marking a new chapter for one of Hollywood’s oldest studios. The two companies agreed to a two-stage process in which Skydance and its deal partners would acquire National Amusements, the company in which the […]