Shari Redstone has no plans to launch a conservative news channel to compete with Fox News, reps for the billionaire media heiress said. According to The Hollywood Reporter on Tuesday, Redstone, who serves as vice chairwoman of CBS and Viacom, has been quietly exploring a plan to launch a conservative news network on Viacom.

BING NEWS:
  • Paramount’s Future: Is Skydance Deal “Path of Least Resistance” or Will It Get Derailed?
    The structure of the proposed transaction between Shari Redstone and David Ellison's Skydance Media has caused concern among some investors who worry that a deal would benefit Redstone but dilute ...
    04/10/2024 - 11:14 pm | View Link
  • Paramount, Shari Redstone face investor angst over possible Skydance deal
    It’s the latest sign of unease at the media company amid negotiations between Ellison and Paramount’s controlling shareholder, Shari Redstone, which would lead to the combination of Ellison ...
    04/10/2024 - 10:30 am | View Link
  • Paramount investor rips Shari Redstone’s deal to sell media giant to Skydance: ‘Detrimental to the company’s value
    A Paramount Global investor slammed Shari Redstone over her deal to sell the company to Skydance Media, claiming the heiress is attempting to enrich herself at the expense of regular shareholders.
    04/8/2024 - 7:52 am | View Link
  • Paramount-Skydance Deal Would Give Shari Redstone’s Firm Over $2 Billion in Cash
    A sale of Paramount Global could work out very differently for controlling shareholder Shari Redstone and the rest of the entertainment giant’s investors. Redstone’s National Amusements ...
    04/5/2024 - 1:29 pm | View Link
  • A Looming Question for Paramount’s Board: How to Navigate Shari Redstone
    The board of directors has to walk a fine line, looking out for investors without running afoul of Ms. Redstone ... on the major companies behind news and entertainment. Contact Ben securely ...
    04/3/2024 - 1:00 pm | View Link
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