The Town with Matthew Belloni New Trouble for the Paramount Sale
46 snips
Feb 10, 2025 
Lucas Shaw, a Bloomberg reporter, joins to unravel the tangled web of the Paramount Global sale to Skydance Media. They discuss unexpected hurdles, including a lawsuit tied to Donald Trump that complicates the deal. The conversation also highlights implications for future Hollywood mergers and the shifting dynamics amid regulatory scrutiny. Additionally, Shaw offers insights into the Oscar race, especially focusing on the buzz around the film Anora and what it could mean for this awards season.
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Redstone's Priority
- Shari Redstone prioritizes finalizing the Paramount sale above all else.
- Negative media attention matters less to her than completing the deal.
Shareholder Lawsuits
- Shareholders are suing Redstone, claiming she prioritized a deal benefiting her over a higher offer.
- The lawsuits allege she rejected a $26 billion offer in favor of a deal more beneficial to her personally.
Trump's Media Strategy
- Trump's attacks on CBS, despite Redstone and Ellison's ties to him, are not surprising.
- Trump uses these situations to promote his "media is biased" narrative.