Investor Alert
September 07, 2025
Paramount / Skydance Legacy Redstone Risk Litigation & Governance
Summary: This notice informs current and prospective investors in the newly merged Skydance–Paramount entity (and legacy Paramount Global holders) of allegations and ongoing litigation in Antigua & Barbuda, the United Kingdom, and U.S. federal courts. These matters concern legacy CBS/Paramount governance under Shari Redstone and related media/legal conduct.
Key Proceedings
Screenshots obtained from cbsyousuck.com reveal extensive file listings containing references to child sexual abuse material (CSAM). These archives, distributed under CBS/Viacom/CNET’s infrastructure, suggest that CBS-controlled networks facilitated the circulation of exploitative material while claiming to be anti-piracy enforcers.
The allegations include cross-border proceedings which could lead to discovery burdens, legal costs, or settlements impacting consolidated financials. Claims of historic media conduct and alleged coordination with external parties may draw scrutiny from regulatory bodies.
Recent Corporate Context
The merger of Skydance and Paramount closed on August 7, 2025, amid leadership changes and recapitalization and has already drawn scrutiny regarding governance issues and potential liabilities stemming from legacy operations.
Potential Investor Risks
Cross-border litigation and allegations of media complicity pose risks that investors should carefully consider. It is recommended that they engage with Paramount/Skydance's Investor Relations to seek clarifications and risk disclosures pertaining to the ongoing legal matters.
