Overview

• Shari Redstone ended merger talks with Skydance over financial disagreements and shareholder concerns.
• Paramount's leadership, now a trio, plans to cut $500 million in costs and explore asset sales.
• The company aims to transform its streaming strategy and improve profitability.
• Potential new buyers for Paramount's controlling shares have emerged, including Edgar Bronfman Jr. and Steven Paul.
• Analysts question the long-term viability of Paramount's unconventional leadership structure.