financetom
Business
financetom
/
Business
/
Paramount chair Shari Redstone confirms thyroid cancer diagnosis
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Paramount chair Shari Redstone confirms thyroid cancer diagnosis
Jun 5, 2025 5:43 PM

(Reuters) -Paramount Global chair Shari Redstone was diagnosed with thyroid cancer earlier this spring, a spokesperson for Redstone said in a statement to Reuters on Thursday.

After experiencing fatigue and other symptoms, Redstone sought medical help about two months ago and was diagnosed with thyroid cancer the next day. While surgeons removed her thyroid gland, some cancer cells remained as they had spread to her vocal cords, according to the New York Times, which first reported the news on Thursday.

"She is maintaining all professional and philanthropic activities throughout her treatment, which is ongoing. She and her family are grateful that her prognosis is excellent," Redstone's spokesperson Molly Morse said.

Redstone kept her diagnosis private, sharing it only with a tight circle of relatives, close friends, and advisers including David Ellison, the Skydance head and tech heir, whose company is set to purchase Paramount and the Redstone family's stake, NYT added.

The diagnosis comes against the backdrop of Paramount preparing for an $8.4 billion merger with Skydance Media, which still requires U.S. FCC approval. The company also entered mediation to try and settle a lawsuit by U.S. President Donald Trump against CBS, reportedly offering $15 million to settle.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Gevo Inks $210M Deal For Ethanol And CCS Assets, Eyes Net-Zero Aviation Fuel Future
Gevo Inks $210M Deal For Ethanol And CCS Assets, Eyes Net-Zero Aviation Fuel Future
Sep 13, 2024
Gevo, Inc. ( GEVO ) shares are trading higher after it inked a deal to acquire the ethanol production plant and carbon capture and sequestration (CCS) assets of Red Trail Energy for $210 million. The acquisition encompasses CCS assets with a total sequestration capacity of 1 million metric tons per year, of which 160,000 metric tons are currently used. The site...
ConocoPhillips to Focus on Operational Stability Amid Rising Commodity Price Volatility, RBC Says
ConocoPhillips to Focus on Operational Stability Amid Rising Commodity Price Volatility, RBC Says
Sep 13, 2024
03:29 PM EDT, 09/13/2024 (MT Newswires) -- ConocoPhillips ( COP ) expects rising commodity price volatility and has structured its plans around ensuring operational stability, RBC Capital Markets said in a note emailed Friday. RBC analysts noted that investors are focused on recent oil price declines and the Marathon Oil ( MRO ) acquisition, following management meetings with Kirk Johnson,...
American Airlines flight attendants ratify new contract with the carrier
American Airlines flight attendants ratify new contract with the carrier
Sep 13, 2024
Sept 12 (Reuters) - American Airlines ( AAL ) flight attendants have ratified a new five-year contract with the airline, the Association of Professional Flight Attendants said on Thursday. ...
BRIEF-BrilliA Inc Files For U.S. IPO
BRIEF-BrilliA Inc Files For U.S. IPO
Sep 13, 2024
Sept 12 (Reuters) - BRILLIA INC: * BRILLIA INC FILES FOR U.S. IPO - SEC FILING * BRILLIA INC: INTEND TO LIST OUR CLASS A SHARES ON THE NYSE AMERICAN UNDER THE SYMBOL BRIA * BRILLIA INC: ANTICIPATE IPO PRICE WILL BE BETWEEN US$4.00 AND US$5.00 PER CLASS A SHARE * BRILLIA INC SEES U.S. IPO OF UP TO 2.5...
Copyright 2023-2026 - www.financetom.com All Rights Reserved