Entertainment

Paramount adds three new board members amid Trump troubles and FCC review

With its sale to Skydance Media, which is still far from her reach, Paramount Global has nominated three new managers to enhance her small board, which has been strengthened with drama and pottery since early last year.

The New York -based company currently includes five members of the Board of Directors, including control of shareholders Shari Redston, who is president. The Redstone family has approximately 77 % of Paramount voting shares, Give the heir to the tremendous influence.

In the file of an agent on Monday, Paramount asked the shareholders to elect seven managers at his annual meeting on July 2. The menu includes Redstone and three recruits: Lawyer Mary Boys (a member of the company led by her husband David Boys); Charles Ryan CEO of Silicon Valley, Charles Ryan; Former Massachusetts trial court, Rowan Sarago Licht.

In addition to Redstone, three members of the Board of Directors have long been – Linda M. Griego, Susan Schuman and Barbara M. Byrne – will stand for his re -election.

Board member Judith A. Macheel step down.

The company stumbled with a series of setbacks Since I announced its sale To technology is descendant David Ellison media Last July.

The company lasted deleted 6 billion dollars on the work of cable television networks, In another That Hollywood is counted with the continuous The deterioration of traditional TV works.

Independent director Charles Phillips left the council in October. His exit came six months after the other directors – Rob Clegger, Nicole Celgamen and Don Ostrov – She suddenly left in the painting He was struggling because of the conditions for selling Paramount planned.

In late October, President Trump filed a lawsuit in Texas for his dissatisfaction with amending a “60 minutes” interview for the head of the footnote at the time, Kamala Harris In the closing weeks of the elections. The head of the Federal Communications Committee (FCC), Brendan Car, one of the appointed Trump, opened an investigation to determine whether the amendments have risen to the level of news.

Trump Double the amount of damage that was seeking to 20 billion dollars.

Paramount was defending the lawsuit. In the court file last week, Trump’s lawyers confirmed that the president suffered from “mental pain” due to the broadcast of “60 minutes.”

Redston’s desire to settle Trump’s lawsuit to “60 minutes” The deep divisions within the company have been granted.

Trump’s first amendment experts fired trivial lawsuit; CBS News and other journalists believe that it is necessary to exploit the weak company to obtain the FBC (FCC) approval to sell to Skydance.

Rockus contributed to the amendments to the departure of two senior executives in CBS. Windy McMahon, President of CBS News and stations, Relax under pressure last month. In April, the executive producer “60 minutes” left Bill Owens.

Redston expressed her dissatisfaction with CBS News coverage of the Israel-Husass war.

Last month, three US Senate members in the United States warned of Redston that the company may face bribery allegations if they wrote a large check to calm Trump in an attempt to facilitate the Federal Communications Committee’s review. The Wall Street Journal reported that Paramount offered Trump $ 15 million to make the case disappear, but he refused.

Nearly 11 months have passed since Paramount agreed to sell it to Skydance in a $ 8 billion deal that injected $ 1.5 billion of capital into the Paramount’s public budget.

Paramount did not review its instructions when you expect the deal to be closed – but the contract deadline is early October.

As part of its agent statement, the company again detailed compensation packages – totaling $ 148 million to the first three executives and armed CEO Bob Bakish, who received compensation of $ 87 million. CO-COO George Cheeks was paid $ 22.2 million. Its counterparts, Brian Robbins, and Chris McCarthy, were paid $ 19.6 million and $ 19.5 million, respectively, according to the deposit.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button