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:



Evidence reveals extensive file listings containing references to child sexual abuse material (CSAM). These archives implicate CBS/Viacom networks, which allegedly facilitated the circulation of exploitative content while presenting themselves as enforcers against piracy.



Recent investigations link CBS's legacy governance to current litigation, including claims of distribution via known peer-to-peer firms. Findings illustrate systemic governance risks as investors prepare for potential repercussions of the allegations.



Investor actions are advised, including engaging with investor relations for formal risk disclosures and requesting independent evaluations of the legal exposure faced by the company.



These are allegations in live matters; no final adjudications have been entered on the above claims as of this notice.