The litigation comes as investors are lining up in Delaware Chancery Court to challenge the deal on the grounds that it is excessively favorable to Shari Redstone, the controlling shareholder.

Paramount Global controlling shareholder Shari Redstone, along with the conglom ... over the looming $500 million in cuts that co-CEOs George Cheeks, Chris McCarthy and Brian Robbins would ...

Redstone is leading the transformation, which includes going all in on streaming service Paramount+, which launched in March. But it’s a crowded space, and too early to tell whether the new ...

After years of conflict with former CBS chief Les Moonves, his loyal board of directors, and her own father, Redstone pulled off a stunning coup that now has her positioned as chair atop a $30 ...