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Shares of Paramount Global edged lower Thursday, day three in the red, amid lingering uncertainty around Skydance’s latest offer . With bigger than anticipated sweeteners for Class B shareholders, it was approved by Par’s special board committee and sent on to controlling shareholder Shari Redstone but with no announcement forthcoming. Redstone controls Paramount through family holding company NAI, which owns about 80% of the company’s Class A voting shares.

She’s always had the last word and Skydance wasn’t necessarily going to be an immediate slam dunk. But Deadline also hears Redstone continues to explore two other options as well as the Skydance offer that formally landed on her plate over the weekend. Related Stories News Amid Skydance Offer, Paramount Global CEO Trio Trumpet 14 Billion Dollar Brands, Plans To Explore Streaming Joint Ventures Executives Paramount Global Town Hall Delayed After Skydance Offer, Co-CEOs’ Shareholder Presentation One of the two is a bid from an investor group led by Steven Paul .



Deadline hears there is one other interested party. Both of those proposals — they may not be formal offers yet — would only involve acquiring Redstone’s controlling stake in NAI, no merger. It’s not clear if either is feasible or FCC compliant.

Separately, Sony , which is interested in a deal directly for Paramount, continues its due diligence. Meanwhile, the tone and tenor of ongoing negotiations with Skydance aren’t clear but may be strained.

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