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. Investors should evaluate potential financial, reputational, and regulatory exposure.
Key Proceedings
Allegations include governance failures under Shari Redstone, and ongoing legal issues span across multiple jurisdictions, including Antigua & Barbuda, the UK, and U.S. federal courts. Recent findings suggest CBS/Viacom may have facilitated the circulation of exploitative material through various channels, creating a troubling history of neglect.
Evidence presented from CBSYouSuck.com archives displays extensive file listings containing references to child sexual abuse material (CSAM), under CBS/Viacom/CNET’s infrastructure. This indicates serious institutional malfeasance in their operations, contradicting their public stance against piracy.
The legal risks currently faced by the Skydance-Paramount entity could lead to significant discovery burdens and financial repercussions, alongside reputational damage due to past media conduct and failure to respond adequately to summons.
Investors are urged to engage with the company for thorough risk disclosures and clarity on how legacy claims may affect the financial future of the merged entity. The allegations and ongoing litigation underline a critical need for transparency and accountability in the newly formed corporation.
