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Paramount Global Non-Exec Chair Shari Redstone Touts Office Of CEO During Annual Shareholder Meeting
Paramount Global chair Shari Redstone sought to sell shareholders at the company's annual meeting Tuesday on the potential of the Office of the CEO.
Convening a video presentation produced like a TV morning show, she delivered brief remarks before tossing to George Cheeks, Chris McCarthy and Brian Robbins. Hovering over the event, though only briefly alluded to, is a pending merger proposal by Skydance Media, which will transform Paramount yet again if it is finalized. The execs said the company would pursue both asset sales and strategic partnerships in streaming in pursuit of the goal of driving better financial results.
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