Tag: Shari Redstone

Shari Redstone has been named chair of the board of directors at Sipur, the studio behind the documentary We Will Dance Again and Netflix’s Bad Boy.

As it nears the closing of its Skydance merger, Paramount reported Q2 revenues of $6.8 billion, a 1 percent gain, with the company emerging from last year's loss to deliver an operating profit of $399 million.

Paramount Global and Skydance Media have formally announced a merger deal, with the new combined entity to be run by David Ellison as chairman and CEO and Jeff Shell as president.

ViacomCBS—which is rebranding as Paramount effective today—reported a 16 percent boost in revenues for Q4, driven in part by gains in its streaming business, which took center stage at the company's Investor Day yesterday.