business / news / / Los Angeles Times
Paramount President Jeff Shell is expected to exit the company after being entangled in a legal battle with a controversial Las Vegas gambler.
Paramount President Jeff Shell is expected to exit after only eight months due to legal controversy.
KEY POINTS
- Shell is accused by gambler R.J. Cipriani of leaking Paramount secrets and reneging on a verbal deal.
- Paramount hired Gibson Dunn to investigate whether Shell divulged sensitive information to Cipriani; the review is ongoing.
- Shell's departure complicates leadership as Paramount pursues regulatory approval for its Warner Bros. Discovery acquisition.
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