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On the Media

Shari Redstone's Road to Power at Paramount Global

On the Media

WNYC Studios

Magazine, Newspapers, Media, 1st, Advertising, Social Sciences, Studios, Radio, Transparency, Tv, History, Science, News Commentary, Npr, Technology, Amendment, Newspaper, Wnyc, News, Journalism

4.68.7K Ratings

🗓️ 30 April 2025

⏱️ 15 minutes

🧾️ Download transcript

Summary

The embattled Shari Redstone has a controlling stake in Paramount Global.

Transcript

Click on a timestamp to play from that location

0:00.0

This is on the media's midweek podcast. I'm Brooke Ladstone. After top CBS producer Bill Owens resigned,

0:09.5

correspondent Scott Pelly delivered a carefully worded message on 60 Minutes.

0:15.4

Stories we pursued for 57 years are often controversial. Lately, the Israel-Ghasa War and the Trump administration.

0:24.4

Bill made sure they were accurate and fair.

0:26.8

He was tough that way.

0:28.9

But our parent company, Paramount, is trying to complete a merger.

0:33.5

The Trump administration must approve it.

0:36.3

Paramount began to supervise our content in new ways.

0:41.3

None of our stories has been blocked, but Bill felt he lost the independence that honest journalism requires.

0:50.3

President Donald Trump's $20 billion lawsuit against CBS and Paramount Global is still standing.

0:57.6

Now, Sherry Redstone is the majority owner of Paramount.

1:01.9

Jake Tapper on CNN.

1:03.8

And she stands to make a fortune if this multi-billion dollar deal this merger goes through.

1:10.8

And it seems as if Sherry Redstone is

1:13.5

likely to bend the knee to Trump and settle this allegedly frivolous lawsuit.

1:20.9

We thought it was as good a time as any to examine how Sherry Redstone came to power in the

1:26.6

first place.

1:32.9

Back in 2023, I asked Rachel Abrams, co-author of Unscripted,

1:38.5

the epic battle for a media empire and the Redstone family legacy to lay it all out.

1:44.1

Shari took over for her dad Sumner, who died in 2020 at the age of 97.

1:45.0

He would joke that he did not need to make plans for succession because he was going to live forever.

1:50.2

Was it a joke?

...

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