Paramount Global chair Shari Redstone diagnosed with thyroid cancer
In a statement, a spokesperson for Shari Redstone said "her prognosis is excellent."
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In a statement, a spokesperson for Shari Redstone said "her prognosis is excellent."
Paramount Global, the owner of CBS News, has made a multibillion-dollar deal to merge with the film production company Skydance Media. To make that possible, Skydance is buying another company, National Amusements, controlled by Shari Redstone, which owns the largest share of Paramount Global.
Paramount said long-time CEO Bob Bakish will leave the company, which is in discussions to explore a sale or merger.