Sony and Apollo send letter expressing interest in $26 billion Paramount buyout as company mulls Skydance bid
www.cnbc.com
Sony and Apollo showed formal interest in a Paramount Global buyout as Paramount's special committee is prepared to give its recommendation to Skydance.

cross-posted from: https://reddthat.com/post/18410459

[Industry] Sony and Apollo send letter expressing interest in $26 billion Paramount buyout as company mulls Skydance bid

  • Flying SquidM
    23•5 months ago

    I’m thinking this is bad for Star Trek no matter what, because the first thing these entertainment companies do when they buy each other is cut budgets and cut projects.

    • NegativeNullOPM
      13•5 months ago

      Agreed. There’s already too much consolidation in the TV/Movie content industry.

    • @glimse
      6•5 months ago

      Wow how rude, that doesn’t sound like Sony at all! They’re a good company with a preference for quality media over profits…always!

    • @Worf
      5•5 months ago

      I’d be really curious to see how Trek is seen in bigwig offices. Do they see potential worth investing in, or do they see it as a dead franchise?