Paramount Global boss Shari Redstone is reportedly banking on her friendly relationship with President-elect Donald Trump to help the media giant skirt any FCC issues in its merger with Skydance — and help her walk away with a windfall.
Redstone, the daughter of the late media titan Sumner Redstone, has “has gotten along” with Trump over the years and the two still talk from time to time, the Wall Street Journal reported.
According to The NY Post, that relationship could be tested after Trump slapped Paramount-owned CBS with a $10 billion lawsuit over its handling of a “60 Minutes” interview with Vice President Kamala Harris.
The lawsuit alleges the program “deceptively” edited the interview, which aired just month before the election, to help his Democratic foe.
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Redstone has told people in her inner circle that she understands Trump’s frustration with CBS, even though she doesn’t support the lawsuit, the Journal reported. CBS has denied any wrongdoing.
Trump was also supportive of Redstone in court battles that helped her gain control of Paramount several years ago, according to the Journal.
The media mogul is also hoping that Trump’s longstanding relationship with Larry Ellison — the billionaire co-founder of Oracle and father of Skydance CEO David Ellison — will help pave the way for the $8 billion deal.
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