Since my last few posts on the topic of a potential Paramount takeover, the story had taken more twists and turns. As far as I understand it, the Sony offer cooled off, at a key corporate meeting the current management presented an alternative way forward (mix of sales, joint ventures and cost savings), more discussions with Skydance and it seems even a new bidder.
Here’s a random sample of recent posts you might want to consider:
- Hollywood giant Paramount Global braces for new era as bidders circle — UK paper The Guardian gives their analysis in language a little more suited to a UK reader. It covers the background and some cultural context
- Paramount-Skydance talks take turn as rival bidders press their case is Reuters report on the bidding dance between Skydance and the Sony deal
- Paramount For Sale, Who’s Buying? Edgar Bronfman Jr Latest To Eye Deal As Skydance Talks Continue — most recent Deadline piece covers the entry of another bidder (Bronfman).
A lot has emerged about future legal challenges and cost thereof. Don’t expect this story to fade away any time soon.
Symmetry Junction 