Shari Redstone isn’t ready to exit the entertainment business just yet. The media heiress has ended discussions to sell her controlling stake in Paramount Global to Skydance Media and merge the ...

An investor group is mounting an eleventh-hour $13.5 billion offer for Paramount, claiming it is superior to the Larry ...

National Amusements has stopped talks with Skydance on a proposed merger with Paramount Global, sources told CNBC's David Faber. The deal was awaiting signoff from Shari Redstone, the controlling ...

Clark and working as a partner at a law firm. In 1954, Redstone took over National Amusements, a private theater chain that was started by his father. He grew the business, and by the 1980s he was ...

Gabelli is likely seeking to determine whether Redstone is getting an unfair indirect premium for her control of Paramount through National Amusements and how any premium was negotiated ...

National Amusements owns just 10% of Paramount ... The announcement came after eight months of negotiations that saw Redstone holding talks with a number of potential partners including Sony ...

Gabelli, whose funds hold approximately 12% of Paramount's voting shares, has claimed that the company has declined to provide records that would reveal if the profits Redstone is making from the sale ...