Shari Redstone: Hamas Attack and CBS’s Anti-Israel Coverage Led Me to Sell Paramount
Skydance's acquisition ends Redstone family control after 40 years, influenced by geopolitical events and includes a $16 million lawsuit settlement with former President Trump.
- Shari Redstone stated she was "blown away" by the "no-brainer" $16 million settlement with President Donald Trump, which facilitated a merger with Skydance Media.
- The settlement, finalized in July, includes $16 million directed to Trump's presidential library and legal expenses.
- Redstone indicated that settling was always in Paramount's best interest due to litigation risks.
- CBS News executives did not release the unedited footage, even though Mr. Cheeks saw no reason against it.
15 Articles
15 Articles
Shari Redstone said Oct 7 and CBS News' anti-Israel bias prompted her to sell Paramount
Shari Redstone: “I wanted to support Israel, and address issues around antisemitism and racism.” By Vered Weiss, World Israel News Shari Redstone, the longtime steward of Paramount, said the Oct. 7 Hamas assault on Israel was the decisive factor that led her to sell the family’s media empire after years of resisting offers. She also said she was hoping the longstanding investigative reporting show “60 Minutes” would expose CBS’ anti-Israel bias,…
‘60 Minutes’ Said to Have Covered Up for ‘Drowsy’ Biden During Interview: Fear of Discovery Paved Way for Paramount Settlement With Trump
Shari Redstone says in an interview with the New York Times that Trump’s lawsuit against CBS News was not as ‘black and white’ as many media observers…
Shari Redstone: Hamas Attack and CBS’s Anti-Israel Coverage Led Me to Sell Paramount
NEW YORK – In a blockbuster interview with The New York Times, Shari Redstone, former chair of Paramount Global, said she partly welcomed President Trump’s lawsuit against CBS, believing it might address what she viewed as the network’s anti-Israel bias. Redstone, whose $8 billion sale of Paramount to Skydance Media closed earlier this month, told […]
Shari Redstone Says Donald Trump Settlement Ahead Of Paramount-Skydance Merger Was “A No-Brainer”, “Blown Away” It Was Only $16M
Former Paramount controlling shareholder Shari Redstone said the decision for her company to settle a CBS lawsuit brought by Donald Trump was a “no-brainer” on the path to a deal to sell to Skydance, and that she was “blown away” the settlement was only for $16 million. The comments on the subject were revealed Tuesday in a long piece in the New York Times, which culled months of interviews with Redstone both during and after the process for t…
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