According to multiple media reports, four board directors at Paramount Global (PARA) are planning to depart the entertainment company.
Dawn Ostroff, a former Spotify (SPOT) executive; Nicole Seligman, former president of Sony Entertainment (SONY); .
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Ariel Investments, which owns a 1.8% stake, also expressed concern that the company s board changes could compromise its ability to act on behalf of all shareholders
Four Paramount Global PARA directors are set to depart the company as merger talks with Skydance Media proceed. What Happened: Dawn Ostroff, a former Spotify…