Reported 11 months ago
Days after reports of a possible deal between Shari Redstone and David Ellison's Skydance, Redstone is contemplating a complex deal that could relinquish her control of the entertainment empire created by her late father. Tensions have risen as Warner Bros. Discovery's David Zaslav expresses interest in acquiring CBS and Paramount Global's TV stations, potentially adding a new dimension to the negotiation. Sources suggest that Redstone's frustration with Ellison may stem from various reasons, including concerns about indemnification, promises made during the negotiation process, and the offer price adjustment. The uncertain future of Skydance's animation unit and the possibility of asset selling or streaming partnership with NBCUniversal add further intricacy to the situation.
Source: YAHOO