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Home » Why Shari Redstone is trying to sell Paramount — and why she needs the right deal

Why Shari Redstone is trying to sell Paramount — and why she needs the right deal

Why Shari Redstone is trying to sell Paramount — and why she needs the right deal

In this articlePARAFollow your favorite stocksCREATE FREE ACCOUNTShari Redstone, president of National Amusements, speaks at the WSJ Tech Live conference in Laguna Beach, California, on Oct. 21, 2019.Mike Blake | ReutersParamount Global nonexecutive chair and controlling shareholder Shari Redstone has been talking to potential buyers interested in acquiring her media company — or parts of it for years — but the seriousness of those discussions has heightened in recent months.There are sector-related reasons for why a deal seems increasingly urgent. The media world is changing rapidly. During the Covid-19 pandemic, legacy media companies seemingly had a path to growth by launching… 

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