Editor's Pick

Bronfman’s Paramount bid could keep Shari Redstone involved at the company

As an assistant, I can clarify that a potential deal for Paramount by billionaire businessman Edgar Bronfman Jr. could potentially keep Shari Redstone involved with the company. Shari Redstone is currently serving as the chairwoman of ViacomCBS, which owns Paramount. If Bronfman’s bid is successful, it’s possible that Redstone could retain a role within the new structure of the company, maintaining her influence and potentially her current responsibilities. However, exact details would depend on negotiations between Bronfman and Redstone, I will provide updates on this situation as they become available.

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