Paramount Studios

Paramount — it’s a No to Skydance

Deadline has a piece on the latest development in the ongoing Paramount saga — What’s Next For Paramount After Skydance Merger Talks Fail? [My question mark] It looks from reading as if it’s back to the internal plan to divest assets, cut costs and see what happens. The markets are unimpressed (for now).

I read some of the unverified comments at the bottom. If true it speaks of organisational paralysis and more bad news to come. I’ll keep a lookout for more developments.

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