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Paramount Global board members to resign amid merger talks

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Four members of Paramount Global’s board are anticipated to step down soon as the entertainment conglomerate, overseen by Shari Redstone, engages in discussions regarding a potential merger with Skydance Media.

The individuals expected to resign include former Spotify executive Dawn Ostroff, former Sony Entertainment president Nicole Seligman, Redstone attorney Rob Klieger, and investment banker Frederick Terrell.

According to sources familiar with the matter cited by the report, their departure from the board is expected to occur within the next few weeks.

Paramount declined to comment on the matter, while Klieger did not immediately respond to Reuters’ request for comment. Efforts to reach the other three directors were unsuccessful.

Following this news, shares of Paramount Global experienced a decline of nearly 4%.

Merger talks

Earlier this month, a Reuters source revealed that Paramount’s board had reached an agreement to engage in exclusive merger discussions with Skydance Media, led by CEO David Ellison, the son of Oracle co-founder Larry Ellison. A potential merger between Paramount and Skydance Media would unite Paramount with Ellison’s independent media company, known for producing blockbuster films such as “Top Gun: Maverick” and “Mission: Impossible – Dead Reckoning Part One.”

Seligman, Terrell, and Ostroff are part of a special committee of independent directors tasked with securing the most favorable deal for Paramount, whether it involves Skydance or another potential suitor, as reported by the Journal.

The report further mentioned that at least one of the departing directors had expressed reservations regarding the potential merger with Skydance.

The proposed deal structure has faced criticism from certain investors, who have raised concerns in letters to the board regarding the potential dilution of Paramount’s non-voting shareholders, according to the Journal.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Markets shrug as Trump tariffs take effect

Investors remain calm amid Trump’s 15% tariffs, focusing on future policy uncertainty and inflation risks instead.

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Investors remain calm amid Trump’s 15% tariffs, focusing on future policy uncertainty and inflation risks instead.

Investors are largely unfazed as U.S. President Donald Trump’s new tariffs officially come into effect. The administration has introduced a blanket 15 percent levy on imports, initially set at 10 percent under temporary regulations, but markets have responded with little drama. Analysts suggest traders have grown accustomed to tariff announcements, limiting any immediate shock to equities.

While the headline policy shift is significant, experts argue the real concern lies elsewhere. Ongoing uncertainty around global trade policy and the potential for further measures is keeping investors cautious. Rather than reacting to the current rate, markets appear more focused on what could come next.

Inflation pressures also remain firmly on the radar, as higher import costs could feed into consumer prices over time. For now, however, the broader market landscape looks largely unchanged, with investors taking a wait-and-see approach.


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Savannah Guthrie family offers $1 million reward in search for missing mother

Savannah Guthrie’s family offers $1M reward for info on her missing mother, as FBI investigates suspect linked to DNA evidence.

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Savannah Guthrie’s family offers $1M reward for info on her missing mother, as FBI investigates suspect linked to DNA evidence.

The family of US television host Savannah Guthrie is offering a staggering $1 million reward for information leading to the recovery of her missing mother, Nancy Guthrie. Nancy was last seen on January 31 after being dropped off at her home near Tucson, Arizona, before she was reported missing the following day.

Authorities, including the FBI, have been investigating the disappearance, previously raising the reward to $100,000 as the search intensified. Investigators have now obtained a DNA sample from a glove found near Nancy’s home, believed to be linked to a suspect captured in doorbell camera footage before her suspected abduction.

Savannah shared a heartbreaking message as the desperate search continues, with her family urging anyone with information to come forward. The case has gripped the nation as officials pursue every possible lead.

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Albanese evacuated from Lodge due to security threat

Anthony Albanese evacuated from The Lodge amid security threat, federal police conducting thorough search assures public safety

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Anthony Albanese evacuated from The Lodge amid security threat, federal police conducting thorough search assures public safety

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In Short:
– Prime Minister Albanese was evacuated from The Lodge due to a security threat.
– Australian Federal Police confirmed no current threat to public safety.

Anthony Albanese has been evacuated from The Lodge in Canberra due to a security threat.Federal police relocated the Prime Minister to a secure location around 6 pm.

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A comprehensive search of the protection establishment is ongoing.

The Australian Federal Police confirmed there is no current threat to public safety.

An Australian Federal Police spokesperson said they were alerted to an alleged security incident at the property, near Parliament House.

“A thorough search of a protection establishment was undertaken and nothing suspicious was located,” a statement said.

“There is no current threat to the community or public safety.

The scene at The Lodge. Photo Credit: Lexie Jeuniewic

“Further information will be provided at an appropriate time.”

This incident follows a recent event where a man was shot dead by Secret Service agents after breaching the perimeter of Donald Trump’s Mar-a-Lago estate in Florida, while Mr Trump and his wife Melania were in Washington.

Security Incident

Prime Minister Albanese’s evacuation highlights ongoing security concerns. Authorities are increasing vigilance in light of recent events involving high-profile figures.

Coordination between federal and local agencies remains crucial to ensure safety and security protocols are effectively executed.

Earlier in the day, Albanese recorded an hour-long interview with journalist Karl Stefanovic at The Lodge.

Last week, Mr Albanese urged Australians to “turn the temperature down” following a major defence event in Canberra that was disrupted by police-investigated incidents. 

Hundreds of attendees at the ADM Congress were evacuated after a suspicious package was discovered.  The bomb squad was then deployed to the scene. 

During another address, a rock was thrown through a hotel window causing a scramble for the exits. 

The evacuation of The Lodge comes amid heightened concerns about threats directed at elected officials across Australia.


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