Jeff Shell‘s legal team is engaged in preliminary talks with Paramount Skydance on a possible exit from the media giant, where he currently serves as president. If Shell remains at the company, he will most likely transition to a different, more advisory role, according to a source with knowledge of the negotiations.
The talks come during a messy legal battle in which Shell was sued March 9 by R.J. Cipriani, a professional gambler who claims he is owed $150 million for crisis communications services. Cipriani’s lawsuit also alleges that Shell shared confidential info about Paramount Skydance with
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