Hollywood icon Paramount agrees to a $28 billion merger deal.

Under the deal, Paramount’s non-executive chair Shari Redstone will sell her family’s controlling stake in the company in a complex transaction that will result in a new firm worth around $28bn (£21.9bn). It marks the end of an era for the Redstone family, whose late patriarch, Sumner Redstone, transformed a chain of drive-in cinemas into […]

Hollywood icon Paramount agrees to a $28 billion merger deal. Read More »