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

Pressure Now on Shari Redstone

Sumner Redstone gained notoriety as both a taker and a deal-breaker (he once said he fired Tom Cruise). His daughter, Shari, seems to have inherited only part of his skills. After 50 years: The Beverly Hills dinner was lavish. The mood among Hollywood power players was upbeat. Rumors of an impending stream of blockbusters from … Read more