Shari Redstone's Final Act: The Turbulent Sale of Paramount Global

The Wall Street Journal

Paramount Global CEO Shari Redstone is set to exit the stage after a chaotic drama filled with power struggles and investor backlash. Her journey to sell the family's media empire was marked by the ousting of a CEO, multiple board member resignations, and intense investor criticism. As the 70-year-old media heiress takes her final bow, the future of Paramount Global remains uncertain. With the media landscape evolving rapidly, the company's next move will be crucial in the world of digital media and entertainment, where streaming services and media conglomerates are constantly vying for dominance. Key players in the industry will be watching closely, as Redstone's legacy and the company's future hang in the balance.