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Shari Redstone

businesslegalpolitical
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Relationship to Trumpcontrolling shareholder of Paramount, a defendant in Trump's CBS lawsuitbusiness · legal / 2 sources

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.

Former Paramount controlling shareholder after the Skydance transferoffice / 2025-08-07

Exact relationships

  1. agreed sale requiring Trump-era FCC approvalbusinesslegalpoliticaldocumented · 1 file · 2 source references
  2. sold control after Trump-era approvalbusinesslegalpoliticaldocumented · 1 file · 3 source references

Money, power & fallout

  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 · observedPopulation 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.Open cited evidence
    2. equityInvestor-group pro forma ownershipapproximately 70% percent of pro forma shares
      Estimated ownership holder / recipient
      Skydance investor group
      estimated · 2024-07-07 · observedPopulation 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.Open cited evidence
    3. paymentNational Amusements cash acquisition$2.4 billion
      Committed by / source
      Skydance investor group
      Committed to
      National Amusements shareholders
      committed · 2024-07-07 · observedPopulation 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.Open cited evidence
    4. paymentPublic-shareholder consideration$4.5 billion
      Committed by / source
      Skydance investor group
      Committed to
      Paramount public shareholders
      committed · 2024-07-07 · observedPopulation 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.Open cited evidence
  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
Source: CPJ Photos · Rights/use: CC BY 2.0 — https://creativecommons.org/licenses/by/2.0/; resized and encoded derivative · Modified: cropped and resized