_sony-pictures-and-apollo-global-offer-3626-billion-cash-deal-to-take-paramount-global-private.jpg "Sony Pictures and Apollo Global Offer $26 Billion Cash Deal to Take Paramount Global Private from sony dsc hx90 Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:36
👁 View: 1.5M times
✓ Published: 04-May-2024
👁 View: 1.5M times
✓ Published: 04-May-2024
Description:
Sony Pictures Entertainment and Apollo Global Management have offered to acquire Paramount Global in an all-cash deal valued at $26 billion. The joint bid comes as Paramount's board considers a merger with Skydance Media that would keep the company public. Shari Redstone, the controlling shareholder of Paramount Global, prefers the Skydance deal. A Sony/Paramount merger would reduce the major Hollywood studios from five to four following Disney's 20th Century Fox acquisition. Wall Street reacted positively to the news, sending Paramount shares up 13%.
Sony Pictures Entertainment and Apollo Global Management have offered to acquire Paramount Global in an all-cash deal valued at $26 billion. The joint bid comes as Paramount's board considers a merger with Skydance Media that would keep the company public. Shari Redstone, the controlling shareholder of Paramount Global, prefers the Skydance deal. A Sony/Paramount merger would reduce the major Hollywood studios from five to four following Disney's 20th Century Fox acquisition. Wall Street reacted positively to the news, sending Paramount shares up 13%.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_sony-hx90v-update.webp "TheDigitalDigest")
_mlb-the-show-24-124-tampa-bay-rays-city-connect-jerseys-trailer.webp "MLB The Show 24 is the latest baseball simulation game developed by Sony San Diego. Check out the new Tampa Bay Rays Nike City Connect uniforms that have made their way to the game. The new jerseys set out to represent the entire Tampa Bay area from the beaches to the skate parks and the culture within. The Tampa Bay Rays Nike City Connect uniforms are available now in MLB The Show 24.")
_the-truth-about-the-dji-focus-pro-not-sponsored.webp "Armando Ferreira")
_sony-hx99-camera-review-ultimate-compact-4k-super-zoom-for-36450-us.webp "Jason Hermann")
_5-reasons-why-dslrs-rule-in-2024-featuring-the-nikon-d850.webp "Gear doesn’t matter")
_sony-hx99-vs-rx100v-whats-the-best-all-in-one-4k-pocket-camera.webp "The Everyday Dad")
_paramount-global-explores-merger-possibilities-with-skydance-media-and-sony-pictures92-apollo-global.webp "Paramount Global will pursue simultaneous talks with both Skydance Media and Sony Pictures/Apollo Global Management regarding potential mergers and acquisitions. The 30-day exclusive negotiation period with Skydance ended without a deal on May 3rd, leaving an opening for Paramount to consider Sony/Apollo's all-cash $26 billion offer. Regulatory concerns exist around the Sony/Apollo deal given the Biden administration's opposition to media consolidation. Skydance CEO David Ellison may withdraw from negotiations if Paramount pursues Sony/Apollo deeply instead of continuing exclusive Skydance talks.")
⏲ 0:41 👁 590K
_hasselblad-xcd-25v-the-new-king-of-wide-angle-medium-format-lenses.webp "The Art of Photography")
_sony-hx90v-update.jpg)
_mlb-the-show-24-124-tampa-bay-rays-city-connect-jerseys-trailer.jpg)
_the-truth-about-the-dji-focus-pro-not-sponsored.jpg)
_sony-hx99-camera-review-ultimate-compact-4k-super-zoom-for-36450-us.jpg)
_5-reasons-why-dslrs-rule-in-2024-featuring-the-nikon-d850.jpg)
_sony-hx99-vs-rx100v-whats-the-best-all-in-one-4k-pocket-camera.jpg)
_paramount-global-explores-merger-possibilities-with-skydance-media-and-sony-pictures92-apollo-global.jpg)
_hasselblad-xcd-25v-the-new-king-of-wide-angle-medium-format-lenses.jpg)
![[+]](/images/menu.gif){kind=small}