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Paramount's Jeff Shell Ousted Amid $150M Lawsuit Battle

4/8/2026

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Story summary
  • Jeff Shell, president of Paramount Skydance, has been ousted amid a $150 million lawsuit from Las Vegas gambler RJ Cipriani alleging disclosure of confidential information and breach of a verbal music-competition agreement.
  • Shell counters the suit, alleging defamation and extortion, labeling Cipriani's actions a shakedown.
  • Paramount Global says the lawsuit is frivolous and will defend against it.
  • The incident follows Shell's 2023 ouster from NBCUniversal over allegations of inappropriate conduct.