Lawyers for Paramount president Jeff Shell are reportedly in preliminary talks with the studio over the executive’s potential departure.
Shell is being sued by professional gambler R. J. Cipriani, who alleges that Paramount CEO David Ellison’s second-in-command leaked inside information pertaining to the $110bn merger with Warner Bros Discovery.
Cipriani filed a $150m lawsuit last month and is also claiming that Shell is in breach of contract relating to a TV show concept, and for unpaid crisis communication fees. Shell countersued claiming extortion and defamation.
According to reports the ongoing talks between Shell’s legal team and Paramount could result in his exiting the studio or segueing into an advisory role.
Three years ago Shell was fired as NBC Universal CEO by his employers at Comcast after an investigation revealed he had engaged in an inappropriate relationship with a female employee.
Paramount declined to comment.
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