Paramount Global Strategic Plans Revealed in Sony and Apollo $26 Billion Bid – Theatrical Releases Steady, TV Assets Cut?
Los Angeles, California – Sony and Apollo are eyeing a potential acquisition of Paramount Global, with plans to maintain a steady theatrical release output between the two studios. Speculation suggests that if successful, the conglomerate may divest assets such as CBS, linear channels like MTV, and the Paramount Plus streaming service. According to sources, discussions between Sony, Apollo, and Paramount have been ongoing, with Sony’s merger proposal drawing attention due to potential FCC scrutiny as …