National Amusements, the holding company of Shari Redstone, has reached a deal with creditors to restructure some of tis debt, Juliet Chung of The Wall Street Journal reports. The company paid 20%, or $250M, of the outstanding loan to its creditors and is obligated to pay down another 15% in March, people familiar with the matter said. The company is the parent company of the Paramount movie studio and CBS television network, and holds nearly 80% of the voting stock in Paramount Global.
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