Paramount Global Initiates Buyout Talks with Sony Pictures and Apollo
Sunday, 5 May 2024, 20:44
Paramount Initiates Buyout Talks
Paramount Global is in discussions with a buyout group led by Sony Pictures and Apollo Global Management to explore a potential acquisition.
Key Points:
- Ownership Transfer: Negotiations commence after the expiration of an exclusivity window with Skydance.
- Industry Impact: A potential buyout could reshape the landscape of the entertainment sector.
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