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Paramount Global Battles Trump Politics and Investor Suits. Is the Sale to Skydance in Peril?
Paramount Global has been in a whirlwind of political fights and investor suits since 2025 began. Is the studio's sale to Skydance Media in peril?
Shari’s move to wrest control of her father’s life away from rival contenders to his fortune and his throne set off an avalanche of litigation, corporate maneuvering, financial engineering, sharp-elbowed lawyering and boardroom dealmaking. For Redstone, this winding road was expected to end in early April with the sale of the company in an $8 billion transaction to tech scion David Ellison’s Skydance and Gerry Cardinale’s RedBird Capital Partners. Newly installed Federal Communications Commission chairman Brendan Carr has opened up a public comment process for an FCC complaint filed by a conservative law firm against WCBS-TV New York, accusing the station of engaging in “news distortion” by airing the “60 Minutes” Harris interview in October 2024.
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