In July, they fly to Sun Valley before ... hot topics included the planned sale of Paramount to Skydance — with Shari Redstone making a grand entrance — artificial intelligence, and the ...

The Paramount Global ball is back in Skydance‘s court as Edgar Bronfman has discontinued his short-lived $6 billion bid to take control of the Shari Redstone-run media giant. “Tonight ...

clearing the way for Skydance Media to take control of Shari Redstone's media empire and ending one of the most chaotic media bidding wars in recent history. In a statement, Bronfman said his ...

Bloomberg / Contributor / Getty Images Paramount Global's special committee said Edgar Bronfman Jr. has withdrawn from bidding for Shari Redstone's media empire. Bronfman's retreat sets the stage ...

New York — The merger between entertainment giant Paramount and media company Skydance is set to go ahead after Edgar Bronfman Jr. withdrew a competing offer. Bronfman, executive chairman of ...

The company most famously headed by Sumner Redstone bought Viacom in 1987 and Paramount in 1993. Shari Redstone took over National Amusements when Sumner died in 2020. Of course, it’s a lot more ...

However, some reports indicated that Shari Redstone—currently Paramount’s controlling shareholder, and the person with final say on a deal—preferred Ellison as the future leader of the company.

That clears the way for Skydance Media to finally buy Shari Redstone’s media empire, ending months of speculation and twists. Back To Top ...

Bronfman, the former chairman and CEO of Warner Music, had intitially offered $4.3 billion for Shari Redstone’s National Amusements, the controlling shareholder of Paramount, according to ...

The Seagram spirits heir sought to buy Shari Redstone’s controlling stake in the storied studio, cut debt and make a cash offer for part of the holdings of nonvoting shareholders who own most of ...

Edgar Bronfman Jr. has walked away from bidding for Shari Redstone’s media empire, paving the way for the company to be sold to David Ellison’s Skydance Media. Bronfman said in a statement ...