Tue, December 24, 2024

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

  Copy link into your clipboard //media-entertainment.news-articles.net/content/ .. ay-help-seal-paramount-skydance-deal-report.html
  Print publication without navigation Published in Media and Entertainment on by MSN
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
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 ]