Shari Redstone, the 71-year-old head of Paramount Global, is fighting a tough battle. She recently revealed that she was diagnosed with thyroid cancer. This news came out as she is trying to finalize a major deal with Skydance Media. The deal is important because it will merge Skydance with Paramount, which owns CBS and other media outlets. This merger is still wa...
A significant shift occurred at CBS News. Wendy McMahon, the CEO, decided to step down. This move came after a tense exchange with George Cheeks, the co-CEO of Paramount Global. The decision was made public on a Monday, following a meeting on Sunday. McMahon's resignation letter hinted at disagreements over the future direction of the company. The tension between Mc...
Shari Redstone's journey to sell her family's media empire, Paramount Global, has been anything but smooth. It's been a decade since she started this journey, and she’s faced countless legal battles and corporate maneuvers. The sale was expected to be finalized in April, but recent events have thrown a wrench into the works. The deal, valued at $8 billion, was set t...