Shari Redstone and her son, Tyler Korff, will not serve on Paramount Global's board of directors after the close of the company's merger with Skydance Media.

Shari Redstone will leave the Paramount Global board once the media conglom's deal with Skydance Media closes in 2025.

Shari Redstone won't stay on the board of Paramount Global after the company completes its planned merger with Skydance Media, Bloomberg News reported on Monday, citing people familiar with her plans.

An amended FCC filing by Skydance today says that David Ellison will hold 100% of the Ellison family’s interest in Paramount one that deal closes, an attempt to allay concern that control will his father,

Paramount Global non-executive chair Shari Redstone is set to exit the media giant's board of directors following completion of the media giant's $8 billion merger with Skydance Media, an individual familiar with her plans tells TheWrap.