The current leadership of Paramount Global presented a go-forward plan at the company's annual shareholder meeting Tuesday in the event a sale of the company doesn't happen.
Redstone has been supportive of the Office of the CEO leadership team that has run the company since former CEO Bob Bakish stepped down in late April.
The plan that Paramount Global shareholders are hearing on Tuesday will essentially serve as Redstone's alternate option if she chooses not to sell.
"We'll be thoughtful with how we deploy capital, with our world-class content being the priority," said Robbins during the presentation Tuesday.
On Tuesday, Robbins said the company has been "aggressively exploring all options" when it comes to partnerships with other streamers.
Persons:
George Cheeks, Chris McCarthy, Brian Robbins —, —, David Ellison's, Shari Redstone, Bob Bakish, Robbins, Cheeks, McCarthy
Organizations:
Paramount, SAG, Paramount Global, CBS, Paramount Media Networks, Paramount Pictures, Media, RedBird Capital, KKR, CNBC, Amusements
Locations:
Los Angeles , California, U.S