A formal announcement is expected as soon as Monday morning.
Bloomberg News earlier Sunday was the first to report on the special committee vote.
Reps from NAI, Paramount and Skydance did not immediately respond to Deadlines request for comment.
Paramount and SkydanceGetty Images
Apollo Global Management, Barry Diller and Edgar Bronfman Jr. are among those who have explored bids.
NAI controls nearly 80% of Paramounts Class A, or voting, shares.
Less than a month ago, it seemed that any hope of the parties reaching a deal had evaporated.
Parting with the media empire built by her father, Sumner Redstone, has never been an easy process.
The merger of the companies into what is now Paramount Global closed in December 2019.
Today, Paramount faces considerable challenges on many fronts.
At the end of 2023, the company had 21,900 full- and part-time employees.
We know what a difficult and disruptive period it has been.
Dominic Patten contributed to this report.
