New York Times: Sony in Talks to Join a Bid to Buy Paramount [Sonic Movie franchise, Knuckles Show, Halo TV Series maker]

[Gizmo_Duck]

https://www.nytimes.com/2024/04/18/business/paramount-sony-apollo-bid.html?smid=tw-nytimes&smtyp=

Sony Pictures Entertainment and Apollo Global Management, an investment firm, have been in discussions about teaming up for a joint bid to acquire Paramount, two people familiar with the situation said Thursday.....

...

The two companies have not submitted an official bid, as Paramount is still in exclusive conversations with Skydance, said the people, who were granted anonymity to discuss delicate negotiations. But the potential deal with Skydance has generated significant investor pushback....

...

Apollo previously reached out to Paramount about buying the company for at least $26 billion, including debt. But Paramount's board proceeded with its more advanced conversations with Skydance, amid questions about Apollo's financing. A joint bid with Sony would almost certainly reduce those concerns...

..

The terms of the joint bid are still being worked out, and it's possible that Sony and Apollo may not make an offer for Paramount, one of the people said. One structure could have Apollo take a minority stake in the joint venture, with Sony becoming the majority owner and operating the company. At some point, Apollo could cash out its investment, possibly by selling its stake back to Sony.....

If Sony prevailed in its bid, the company would most likely operate the Paramount studio as a label within its own media empire, fusing the studio's marketing and distribution arm with its own.

 

[Rekkapryde]

Interesting...

 

[daze23]

struggle acquisition. Sony talkin about "I got five on it"

 

[Gizmo_Duck]

struggle acquisition. Sony talkin about "I got five on it"

Sony the Jay Z In this deal

 

[Gizmo_Duck]

Sony having the rights to Ninja Turtles and Transformers

 

[MeachTheMonster]

Consolidation

 

[Novembruh]

fukk that
let Paramount fail
and let the field fight over the bones/IP

Spoiler: enclosed: whining

[Corporations bailing out other corporations under the guise of a 'merger' just to buy them out using imaginary money that only exists in the world of commodified 'consumer confidence' isn't capitalism - it's socialism. But they will tell you government programs are the real evil socialism while they stitch golden business parachutes for their ilk. More of these bytch-ass companies that wrack up mountains of debt need to be allowed the collapse and not pay executives big merger severance packages.

 

[Gizmo_Duck]

fukk that
let Paramount fail
and let the field fight over the bones/IP

Spoiler: enclosed: whining

[Corporations bailing out other corporations under the guise of a 'merger' just to buy them out using imaginary money that only exists in the world of commodified 'consumer confidence' isn't capitalism - it's socialism. But they will tell you government programs are the real evil socialism while they stitch golden business parachutes for their ilk. More of these bytch-ass companies that wrack up mountains of debt need to be allowed the collapse and not pay executives big merger severance packages.

Yeah, but ninja turtles!

 

[levitate]

Uhh, girl I guess?

 

[ORDER_66]

Sony having the rights to Ninja Turtles and Transformers

 

[AStrangeName]

So, it's going to be either Skydance or Sony/Apollo that'll get Paramount.

Spoiler

Something tells me that Paramount will continue to bullshyt around

 

[Collateral]

Sony having the rights to Ninja Turtles and Transformers

Morbius flopped, Venom 2 was whack/letdown, Madem Web?

I have no faith in Sony to make good superhero movies anymore

 

[RennisDeynolds]

Yeah this is all about IP for Sony. But the investment firm is probably thinking of the future how to bust up all the assets and scrap em for $$$$$

 

[Gizmo_Duck]

Morbius flopped, Venom 2 was whack/letdown, Madem Web?

I have no faith in Sony :Francis:

I don’t realistically care about whether or not this goes through cause i doubt it will result in any actual games but sony pictures and sony pictures tv are completely different, the latter puts out quality stuff.

The Boys, Gen V, Breaing Bad, Last of Us, Better Call Saul, Justified, For All Mankind, Cobra Kai, etc.

 

[Artificial Intelligence]

They got bungie and the halo show too