Variety has produced a detailed presentation of events connected with the recent failed merger(s) /takeover(s) of Paramount. The image is the cover of their print magazine and paints a deliberately dark picture. It’s hard to see anything changing for the better in the short to medium term. As an outsider, I found it a fascinating read. I look forward to the next as and when … Continue reading Variety digs deep into the Paramount saga
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 … Continue reading Paramount — it’s a No to Skydance
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 … Continue reading Paramount takeover — more mixed messages
It seems the Sony / Apollo offer for Paramount (or part thereof) has fallen away, and it’s back to Skydance Media with a new offer. Deadline has some details and points to a shareholder meeting tomorrow (4 June 2024). The deal looks a little arcane, and it’s by no means certain to pass according to the Deadline piece, which is quite specific in places. I … Continue reading New Skydance offer for Paramount to be considered
Deadline reports the live-action Dungeons & Dragons series is not going ahead at Paramount+. The article cites uncertainty at Paramount and recent Hasbro changes as being the reason. The article includes: The project will undergo a creative update before being taken out to other potential buyers, both production partners and platforms, sources said. The changes will include a new creative team… Hasbro, which retains all … Continue reading Dungeons & Dragons live-action series not proceeding at Paramount+
While I’m waiting (hoping) for news regarding a possible Star Trek: Legacy, Paramount has revealed Holly Hunter as the lead for Star Trek: Starfleet Academy. The series will follow the adventures of a new class of Starfleet cadets as they come of age in one of the most legendary places in the galaxy. Produced by CBS Studios, the series will begin production later this summer. … Continue reading Star Trek: Starfleet Academy lead announced
The Hollywood Reporter has news of a Vision spin-off to Wandavision. Paul Bettany will be back following the events of Wandavision, and at this point we can only speculate about other appearances. Wanda aka The Scarlet Witch? We do know the show is expected on Disney+ in 2026, so plenty of time for news. Terry Matalas (Star Trek Picard) is the showrunner. What does this … Continue reading Is Vision’s new show at the expense of 7 of 9’s Star Trek: Legacy?
Since my previous piece, the Sony/Apollo discussions with Paramount regarding a possible takeover have wobbled slightly but still progress. Here’s the latest public domain news: Shares fall on Sony rethink The first drama (via Reuters) was Paramount shares fall after CNBC reports Sony rethinking its bid. It seems interest in buying the whole group had diminished, sending share prices down. I wondered if this were … Continue reading Paramount — possible takeover still wobbling along
It’s been a good week since my last update, and I thought I’d skim the various posts I’ve seen. A good place to start is Deadline’s piece, which suggests Skydance are not out of the picture leaving the Apollo / Sony deal in discussion. At one point Variety suggested it would be no deal at all, with Paramount rejecting Sony again (they already turned down … Continue reading Paramount takeover — more updates
I’ve not been following the story, but it seems Skydance are is the final stages of it intended takeover of Paramount. For a few days I’ve seen strong speculation of change at the top of Paramount, and I look forward to any deal landing so the dust can settle and we find out the intention going forward. Deadline has an update, suggesting a final offer … Continue reading Skydance proposed takeover of Paramount gathers pace [UPDATED]
Yes, it’s a clickbait title, but it’s my take on the news (courtesy TV Tonight) Paramount Global credit rating lowered to ‘junk status’ (according to S&P). They dropped Paramount’s rating to BB+ from BBB- due to the “accelerating declines in linear media and the shift toward a more competitive and less certain streaming model.” To me, that looks like management speak for they’re squeezed both … Continue reading Is Paramount really junk?
Apple TV+ has acquired forthcoming 10-part series The Murderbot Diaries, to be made by Paramount Television Studios. Adapted from the multi-award winning series by Martha Wells, this shows further commitment to the streamers already strong (quality if not volume) portfolio. The full press release is here. Murderbot is an action-packed sci-fi series, based on the award-winning books by Wells, about a self-hacking security android who … Continue reading The Murderbot Diaries — Martha Wells adaptation coming to Apple TV+
Symmetry Junction 