April 11 (Reuters) - Paramount Global ( PARAA ) disclosed

on Thursday that it plans to shrink its board to seven directors

from 11 currently amid reports that the entertainment giant

controlled by Shari Redstone was discussing a merger with

Skydance Media.

Directors proposed in the company's proxy filing excluded

current board members Dawn Ostroff, a former Spotify executive,

Sony Entertainment ex-president Nicole Seligman, Redstone

attorney Rob Klieger and investment banker Frederick Terrell.

The Wall Street Journal had reported on Wednesday that the

four directors are expected to leave the board in the coming

months.