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Shari Redstone to Exit Paramount Global Board of Directors After Skydance Merger
The WrapStory by Lucas Manfredi
scrn logline
Shari Redstone, Paramount's powerful matriarch, steps down from the board post-Skydance merger in a move that shakes up the industry's power dynamics.
beat sheet
- Redstone, known for her iron grip on the Paramount empire, is exiting the board after the $8 billion Skydance acquisition - a surprise move that has industry insiders buzzing about possible shifts in the balance of power.
- The merger itself is a major shakeup, combining Paramount's storied film/TV assets with Skydance's growing production/distribution clout. Insiders say this integration could reshape the Hollywood landscape in significant ways.
call sheet
Shari Redstone, Paramount Global, Skydance Media