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Friday, May 17
by
SRN News
Sony and Apollo move ahead with Paramount bid process but reticent about earlier plan, NYT reports
(Reuters) – Sony Pictures Entertainment and Apollo Global Management have signed nondisclosure agreements that will allow them to look at Paramount’s books ahead of a potential bid for the movie studio’s assets, the New York Times reported on Friday, citing ...
Wednesday, May 8
by
SRN News
Paramount in talks to open its books to Sony, Apollo, sources say
By Dawn Chmielewski and Anirban Sen (Reuters) – Paramount Global is in talks about opening its books to a consortium of Sony Pictures and buyout firm Apollo Global Management interested in acquiring the U.S. media company, people familiar with the matter ...
Wednesday, May 8
by
SRN News
Sony and Apollo plan to break up Paramount, NYT reports
(Reuters) – Sony Pictures Entertainment and private equity firm Apollo Global Management plan to acquire Paramount Global for $26 billion and break up the company, the New York Times reported on Wednesday, citing people familiar with the deal discussions. ...
Tuesday, May 7
by
ABC News
Cyndi Lauper documentary to premiere on Paramount+ in June
The Cyndi Lauper documentary, Let the Canary Sing, will make its streaming service debut on Paramount+ on June 4.Directed by Alison Ellwood, the documentary had its premiere last June at the Tribeca Festival. According to the description, the film ...
Monday, May 6
by
ABC News
Tracy Morgan to star in The Neighborhood spin-off Crutch for Paramount+
Legendary comedian Tracy Morgan will star in the title role of a forthcoming Paramount+ comedy called Crutch — a spin-off of CBS' hit The Neighborhood.That show's star, Cedric the Entertainer, will be executive producing the series with Morgan. Tracy stars as Francois "Frank" Crutchfield ...
Saturday, May 4
by
SRN News
Paramount bidders await word from special committee evaluating options
By Dawn Chmielewski (Reuters) – A special committee of the Paramount Global board charged with evaluating offers for the company met Saturday morning, though rival bidders for the studio are awaiting word on next steps. Paramount ended its exclusive negotiations with Skydance ...
Saturday, May 4
by
SRN News
Warren Buffett says Berkshire sold entire Paramount stake at a loss
NEW YORK (Reuters) -Warren Buffett said on Saturday that Berkshire Hathaway sold its entire holding in media and entertainment company Paramount Global at a loss and he took sole responsibility for the decision. “It was 100% my decision, and we’ve sold it all, and we ...
Saturday, May 4
by
SRN News
Warren Buffett says Berkshire sold entire Paramount holdings at a loss
NEW YORK (Reuters) – Warren Buffett said on Saturday Berkshire Hathaway sold its entire holding in Paramount at a loss, a decision he said was his sole responsibility. “It was 100% my decision and we’ve sold it all and we lost ...
Friday, May 3
by
SRN News
Paramount will let exclusive talks with Skydance lapse, NYT reports
(Reuters) – Paramount Global will end its exclusive negotiations with Skydance Media without reaching a deal, the New York Times reported on Friday, citing people familiar with the matter. Shares of the media giant rose 3% in extended trading. A special committee ...
Friday, May 3
by
SRN News
Sony and Apollo submit $26 billion Paramount offer, WSJ reports
(Reuters) – Sony Pictures Entertainment (SPE) and Apollo Global Management have made a $26 billion cash offer for Paramount Global, the Wall Street Journal reported. The two companies submitted the non-binding offer letter on Wednesday, signed by Sony Pictures Chief Executive ...
Thursday, May 2
by
SRN News
Sony Pictures and private equity firm interested in buying Paramount for $26 billion, AP source says
Sony Pictures and the private equity firm Apollo Global Management have expressed interest in buying Paramount Global for $26 billion, according to a person familiar with the details. Sony would be the majority shareholder and Apollo would have a minority stake, according to the ...
Thursday, May 2
by
SRN News
Sony Pictures and private equity firm Apollo express interest in buying Paramount for $26 billion
Sony Pictures and the private equity firm Apollo Global Management have expressed interest in buying Paramount Global for $26 billion, according to a person familiar with the details. Sony would be the majority shareholder and Apollo would have a minority stake, according to the ...
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