Shari Redstone's good relationship with Trump may help seal Paramount-Skydance deal: report

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Shari Redstone's good relationship with Trump may help seal Paramount-Skydance deal: report

^{Published on 2024-12-24 06:24:15 - MSN}

Paramount Global boss Shari Redstone is reportedly banking on her friendly relationship with President-elect Donald Trump to help the media giant skirt any FCC issues in its merger with Skydance
and help her walk away with a windfall.

Shari Redstone, the controlling shareholder of Paramount Global, is reportedly leveraging her relationship with former President Donald Trump to facilitate a potential merger between Paramount and Skydance Media. According to a report by RadarOnline, Redstone has been in discussions with Trump, who has expressed support for the deal, believing it could benefit the entertainment industry. This move comes as Paramount faces financial challenges, and merging with Skydance could provide the necessary capital and strategic direction. Trump's involvement is seen as an attempt to influence the deal positively, given his past interactions with media moguls and his interest in the entertainment sector. However, the specifics of how Trump's support might directly impact the merger remain unclear.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/entertainment/celebrities/shari-redstone-hopes-relationship-with-trump-will-seal-paramount-skydance-deal-report/ar-AA1wnRZJ ]

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