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Peter Bart: Paramount Global’s Skydance Rejection Puts Heavy Pressure On Shari Redstone To Sort Shaky Future
Sumner Redstone earned renown as both dealmaker and deal breaker. His daughter, Paramount's Shari, seems to have inherited only part of his skill set.
Until this week Paramount’s new corporate suitors had ranged from David Ellison, 41, who envisioned a slate of studio hits – that plan apparently now canceled — to the combat-tough Edgar Bronfman Jr., 70, who 30 years ago won control of Universal Pictures in a tight battle. By the year 1975, Paramount’s slate (in production or pre) included Chinatown, Godfather Part II, The Conversation, Nashville, Day of the Locust, The Parallax View, Murder on the Orient Express, The Gambler, The Great Gatsby and The Last Tycoon among others. The heralded hits, accompanied by a blizzard of publicity, exacerbated the tensions between Paramount’s president, Frank Yablans, and Bob Evans, chief of production, who bitterly fought over both strategy and the division of film profits.
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