The chapter delves into the complex dynamics of corporate leadership changes at Paramount, the three CEOs scenario, potential acquisition deals with Skydance and Apollo, and the implications on Sherry Redstone's control and stake in the company. It explores the significance of controlling shareholder position, Paramount's nostalgic value, and the potential impact on audiences and Hollywood talent.
Media behemoth Paramount Global is struggling. Stock prices are down. The CEO was just ousted. And the head of this family business is ready to cash out. Puck’s Matthew Belloni explains what comes next.
This episode was produced by Hady Mawajdeh, edited by Amina Al-Sadi, fact-checked by Matt Collette, engineered by Rob Byers, and hosted by Noel King.
Transcript at vox.com/todayexplained
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