Sony is now in play to buy Paramount.
Sony is now in play to buy Paramount.
Paramount has formally begun negotiating with the company as the “period of exclusive talks with the Hollywood studio Skydance lapsed on Friday night,” according to The New York Times today.
Sony, which signaled its interest in buying Paramount last week, would reportedly hold controlling shares, while Apollo would have a minority stake, if the deal goes through.
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Artie Phelan
Update: 2024-06-01