Paramount is waiting for Trump’s administration to approve an agreed merger with Hollywood studio Skydance. The president’s media regulator, Federal Communications Commission chair Brendan Carr, has been reviewing the deal for several months. Redstone and her family are in line to receive a billion-dollar payout if the FCC approves the deal.

It’s become clear that the company and I do not agree on the path forward,” Wendy McMahon wrote to the staff, weeks after the top producer at "60 Minutes" resigned.