Overview

• Redstone underwent surgery in May to remove her thyroid after an early spring cancer diagnosis and is now receiving radiation for cells that spread to her vocal cords.
• The proposed $8 billion merger between Paramount and Skydance remains pending as the FCC’s review process slows.
• President Trump’s $25 million lawsuit against CBS News over a Kamala Harris interview is in mediation and his team has rejected Paramount’s $15 million offer.
• Settlement negotiations continue with Trump’s lawyers demanding both a larger payment and an apology from CBS News.
• If the deal closes, Redstone stands to gain over $2 billion while Paramount faces a $400 million breakup fee if the merger collapses.