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Gerry Cardinale

Shari Redstone

Sharidise Lost

Inside the Paramount M&A calamity as Shari and Gerry rejigger their deal, Gabelli signals his C.V.R. venom, and Apollo licks its teeth.
William D. Cohan • May 1, 2024
William D. Cohan • April 17, 2024
Gerry & The Jeffs Come for Shari’s Baby
Jeff Shell Gerry Cardinale Jeff Zucker
I’ve got the skinny on the Ellison-Paramount deal—an extraordinarily fascinating deleveraged recap featuring a multibillion-dollar PIPE, Jeff Shell’s return to the top ranks of the media world, and possibly even Jeff Zucker’s revival as a top television executive. You can’t make this shit up. Will the special committee of the board buy it?
Dylan Byers • January 26, 2024
Lord Zucker’s Vassal Revolt
Even Jeff Zucker and his American partners may have underestimated the depth of the reaction in Britain to his proposed takeover of The Spectator and The Telegraph.
The public outcries continue over Jeff Zucker’s quest for two venerable center-right British news brands. Are they reasonable critiques about the potential influence of his Emirati partner, or just sanctimonious and Anglocentric rumblings about two properties in need of fresh ideas and (lots of) fresh cash?
Is Shari Redstone’s dalliance with the M&A market a bust, or is anyone seriously capable of buying the Frankenstein’s monster that is Paramount Global?
William D. Cohan • December 27, 2023
A Very Shari Christmas
Zaz & Co. have hired Allen & Co. to dig into the Paramount financials. Is this thing for real for now? Imagining the twists and turns and ultimate denouement of the House of Sumner.
A combination of WBD and Paramount, even with a sale of various cable assets, would offer Zaz a true gem in many ways.
Dylan Byers • December 21, 2023
Zazmount Global & WaPo Gridlock
News and notes on the biggest stories roiling the industry: the Zaz-Shari deal possibilities and Will Lewis’s arrival at the union-torn, money-losing Washington Post.
Shari Redstone, president of National Amusements, walks to a morning session at the Allen & Company Sun Valley Conference on July 12, 2023 in Sun Valley, Idaho.
William D. Cohan • December 20, 2023
Shari’s Double-Trigger Deal Cooler
David Ellison and Gerry Cardinale’s oh-so-clever plan to seize Paramount Global through NAI would also have to contend with a potential $11.2 billion landmine: the crushing debt that would immediately come due if Wall Street downgrades Paramount’s credit rating.
Sumner and Shari Redstone in 2012.
William D. Cohan • December 13, 2023
I Know What You Did Last Sumner
An examination of the hidden complexities in Gerry Cardinale and David Ellison’s clever attempt to buy National Amusements from Shari Redstone—and, with it, the controlling stake in Paramount Global.
Shari Redstone arrives at the Sun Valley Resort for the annual Allen & Company Sun Valley Conference on July 10, 2018, in Sun Valley, Idaho.
Matthew Belloni • December 8, 2023
Shari Inches Toward Parting With Paramount
Skydance is kicking the tires on the Redstone assets. David Ellison and RedBird’s Gerry Cardinale are taking the lead, but it’s super early, and a potential deal could take several different shapes.