Reported about 2 months ago
Edgar Bronfman Jr., an heir to a media legacy, attempts to gain control of Paramount Global, seeing potential to rejuvenate the company amidst its challenges in the evolving entertainment landscape. His latest push comes as Paramount is poised to be acquired by another billionaire's offspring, David Ellison. Bronfman's rich experience in the media industry, alongside his collaborative strategies, puts him in a competitive position, though he faces significant challenges from Ellison's considerable backing.
Source: YAHOO