Overview

• Shari Redstone disclosed a thyroid cancer diagnosis this spring and had surgery in May that left cancer cells on her vocal cords
• She has started radiation treatment while continuing her leadership role at Paramount Global and her philanthropic engagements
• The July 2024 merger agreement with Skydance Media remains pending FCC approval under Commissioner Brendan Carr
• President Trump’s lawsuit against CBS over a “60 Minutes” interview with Vice President Kamala Harris is viewed as an unofficial hurdle in the regulatory review
• If finalized, the merger would net Redstone and her family over $2 billion, while Paramount would owe a $400 million breakup fee if the deal collapses