Mario Gabelli’s legal threat influenced the doomed Paramount merger

A legal threat from investor Mario Gabelli was a “major factor” in this week’s unraveling of Shari Redstone’s $8 billion deal to merge Paramount Global with its “Mission: Impossible” production partner Skydance Media, The Post. When Redstone made a surprise move to pull the plug on the deal this week — just before a special … Read more

how talks to sell Paramount turned into a Titanic failure

After more than six months of grueling negotiations, David Ellison thought he was on the verge of landing the deal of a lifetime: taking over Paramount, Hollywood’s century-old studio. Ellison took the floor Tuesday morning in Los Angeles from an adviser to Shari Redstone, the heiress who controls the media group behind the classics, including … Read more