Shari Redstone
Shari Redstone Emotionally Speaks About Israel, Antisemitism and Racism at Gathering of Jewish and Black Hollywood Power Players
Paramount Global chair and National Amusements president Shari Redstone is one of the most powerful people in Hollywood. She is also an observant Jew and a supporter of Israel who has been reeling over the days since Oct. 7, when Hamas terrorists attacked the Jewish state, she told The Hollywood Reporter on Tuesday in a […]
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Paramount Owner National Amusements Takes $125M Strategic Investment
Paramount Global owner National Amusements Inc. is getting a $125 million cash infusion that the Redstone family holding company says will help shore up its ownership of the entertainment firm. The strategic preferred equity investment, from BDT & MSD Partners, will be used to pay down its debt and pay back loans that had been […]
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Shari Redstone Tapped for Simon Wiesenthal Center’s Humanitarian Award (Exclusive)
Shari Redstone, the chair of Paramount Global and president and CEO of National Amusements, will be honored at the Simon Wiesenthal Center and the Museum of Tolerance’s National Tribute Dinner — an annual gathering of many of the most powerful and influential people in Hollywood — with the organizations’ highest honor, the Humanitarian Award, The Hollywood Reporter has learned […]
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Paramount CEO Bob Bakish’s Pay Rises to $32M in 2022, as Company Adds Dawn Ostroff to Board
Paramount Global CEO Bob Bakish saw his total compensation rise in 2022 to $32 million. The company filed its annual proxy statement Friday afternoon, disclosing the pay bump. Bakish’s compensation package totaled $20 million in 2021. The jump in pay in 2022 was due to a $16 million stock awards grant. His salary remained unchanged […]
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‘Succession’-Like Fight to Control Sumner Redstone Media Empire Chronicled in First Look at New Book (Exclusive)
Addicted to Succession? Well, here’s the real thing: An explosive new book will spill all about the power struggle to control Paramount. Penned by two acclaimed New York Times reporters — James B. Stewart and Rachel Abrams — Unscripted: The Epic Battle for a Media Empire and the Redstone Family Legacy promises a juicy glimpse […]
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Paramount Chair Shari Redstone to Shareholders: “We Definitely Have the Scale” to Compete
Paramount Global has “what it takes to succeed,” including enough scale, and is pursuing a “disciplined approach to content creation,” non-executive chair Shari Redstone said at the entertainment conglomerate’s annual shareholder meeting on Wednesday. “The past year has been one of growth and success,” she said at the event, which was webcast and was the […]
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Paramount Global CEO Bob Bakish’s Pay Dips to $20M in 2021
Paramount Global, the company formerly known as ViacomCBS, disclosed the compensation for president and CEO Bob Bakish and its other top executives Friday, in its third proxy filing since its creation via the recombination of Viacom and CBS Corp. in 2019. The company, which is controlled by Shari Redstone and other members of the Redstone […]
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Paramount Goes All-In on Competing With Streaming Giants in Rebrand
Though Paramount+ has yet to reach the subscriber numbers of Netflix, Disney+ and HBO Max, top executives at ViacomCBS are forging ahead with the company’s streaming revolution by relying on more revivals and reboots of nostalgic, fan-favorite IP and sequels of popular projects to draw in viewer interest. The company’s annual investor day presentation on […]
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Paramount+ to Stream All Sister Studio Movies Beginning in 2024
Paramount+ will enjoy favored nation status beginning in 2024 in terms of movies made by its sister studio. ViacomCBS chief Bob Bakish announced Tuesday during an earnings call that “Paramount+ will become the streaming home” for all theatrical releases from Paramount Pictures. Presently, Paramount titles appear either on Paramount+ or on Epix during what’s known […]
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Shari Redstone Pushes for ViacomCBS to Be Where “You Can Be Your Authentic Self”
Ahead of ViacomCBS’ annual Inclusion Week, chair Shari Redstone told staff in a video message that “we want to be a place where you can be your authentic self and know that your voice is heard.” In the video, shared with employees on Friday, she also said: “With our global reach, our platforms can connect […]
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ViacomCBS CEO Calls New Paramount Boss Brian Robbins a “Franchise Builder”
ViacomCBS CEO Bob Bakish on Wednesday shed some more light on the reasoning behind the recent Paramount Pictures executive reshuffle and touted the conglomerate’s multi-faceted movie release strategy. The change was “about creating a studio for the future,” he told the virtual Goldman Sachs Communacopia Conference. “The changes will position Paramount to lean more into […]
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ViacomCBS CEO Bob Bakish’s Pay Rises to $39 Million in 2020
The Redstone family-controlled company discloses top executives' compensation in a regulatory filing.
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