Paramount Global chair Shari Redstone, 71, underwent thyroid cancer surgery in May after an earlier diagnosis. While treatment is ongoing, her prognosis is excellent and she continues professional and philanthropic activities. This news adds complexity to her current efforts to finalize a high-stakes merger with Skydance Media and navigate a lawsuit against CBS. Redstone plans to leave the merged company's board upon deal closure.

Prepared by Olivia Bennett and reviewed by editorial team.