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Shari Redstone

Shari Redstone speaking at a lectern.

The former controlling shareholder of Paramount whose family company agreed to sell control to Skydance; the Los Angeles Times reported that she pushed to settle Trump's CBS lawsuit while her representative said she was recused from litigation decisions.

Relationship to Trumpcontrolling shareholder of Paramount, a defendant in Trump's CBS lawsuit

Timeline

  1. Skydance agreement set the terms for control of Paramount and CBSTransaction completed August 7, 2025agreed sale requiring Trump-era FCC approval · documented · 2 sources
    1. investmentNew Paramount primary capital$1.5 billion
      Committed investor / source
      Skydance investor group
      Committed investment recipient
      New Paramount
      committed · 2024-07-07 · observedRead source record
      Calculation detailsPopulation Primary capital committed to Paramount's balance sheet under the definitive agreementPeriod 2024-07-07 to 2024-07-07Basis Direct capital commitment stated in Paramount's definitive-agreement announcement.Limits The amount is a transaction component, not a valuation or estimate of enterprise value.
    2. equityInvestor-group pro forma ownershipapproximately 70% percent of pro forma shares
      Estimated ownership holder / recipient
      Skydance investor group
      estimated · 2024-07-07 · observedRead source record
      Calculation detailsPopulation Outstanding equity of New Paramount after closing and the growth-equity investment, assuming full participation in the Class B cash electionPeriod 2024-07-07 to 2024-07-07Basis Paramount's announced post-transaction ownership estimate under the assumptions stated in the definitive-agreement release.Limits Approximate and conditional on full participation in the Class B cash election; the release separately specified 100% of Class A and 69% of Class B shares.
    3. paymentNational Amusements cash acquisition$2.4 billion
      Committed by / source
      Skydance investor group
      Committed to
      National Amusements shareholders
      committed · 2024-07-07 · observedRead source record
      Calculation detailsPopulation Cash-free, debt-free purchase of National Amusements by the Skydance investor group under the July 7, 2024 definitive agreementPeriod 2024-07-07 to 2024-07-07Basis Direct contractual amount stated in Paramount's definitive-agreement announcement; this measures the announced transaction term, not personal income or a settlement.Limits No range reported for this component; later closing is documented separately.
    4. paymentPublic-shareholder consideration$4.5 billion
      Committed by / source
      Skydance investor group
      Committed to
      Paramount public shareholders
      committed · 2024-07-07 · observedRead source record
      Calculation detailsPopulation Cash and stock-merger consideration made available for publicly traded Paramount Class A and Class B sharesPeriod 2024-07-07 to 2024-07-07Basis Direct amount stated in Paramount's definitive-agreement announcement; recorded as an announced transaction term.Limits The release described elections and proration mechanics; this is the stated total consideration available, not a reconstructed payout total.
  2. Shari Redstone pushed Paramount to settle Trump's CBS lawsuitSettlement completed; controlling stake transferred to Skydance on August 7, 2025controlling shareholder of Paramount, a defendant in Trump's CBS lawsuit · reported · 2 sources
  3. Paramount-Skydance merger closed after FCC approvalMerger completedsold control after Trump-era approval · documented · 3 sources
Roles and relationships

Status

  1. Former Paramount controlling shareholder after the Skydance transferoffice / 2025-08-073 sources · Source

Relationships

  1. Donald J. Trump

    Relationship to Trumpcontrolling shareholder of Paramount, a defendant in Trump's CBS lawsuit

    businesslegalFull record · 2 sources
  2. Donald J. Trump

    agreed sale requiring Trump-era FCC approval

    businesslegalpoliticalFull record · 2 sources
  3. Donald J. Trump

    sold control after Trump-era approval

    businesslegalpoliticalFull record · 3 sources
Source: CPJ Photos · Rights/use: CC BY 2.0 · https://creativecommons.org/licenses/by/2.0/; resized and encoded derivative · Modified: cropped and resized