Sony would acquire film production giant Paramount
- April 19, 2024
- 0
One of the largest TV and film producers in the world decisive There was a remarkable development on this subject. According to a report published by the New
One of the largest TV and film producers in the world decisive There was a remarkable development on this subject. According to a report published by the New York Times, Sony Pictures has rolled up its sleeves to purchase Paramount. However, the acquisition of the company can’t do it alone is spoken.
According to information obtained, Sony is based in the US. investment firm He maintains close contact with Apollo Global Management. The goal here is to acquire Paramount through a partnership. Tony Vinciquerra, CEO of Sony Pictures It is said that he met with Apollo Global Management last week.
No official offer yet
According to the New York Times, Sony and Apollo Global Management have not yet signed a contract with Paramount. has not made a formal offer. The bid from Sony and Apollo Global Management, where the takeover attempt is currently in the planning stages try to detail It is claimed.
How this takeover attempt will proceed even if it is unknown Even the claim was described as a pleasant development for investors. In fact, shares of Paramount Global rose on the news from the New York Times. around 9 percent increased. The coming days look to be very active for the media industry.
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Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.
