Apollo reportedly makes $11-billion bid for Paramount film and TV studio
LA TimesPrivate equity firm Apollo Global Management has offered to purchase Paramount Global’s film and TV studio operations for $11 billion, according to people familiar with the matter who were not authorized to comment. Warner Bros. Discovery’s pursuit of a deal with Paramount was short-lived, not progressing beyond preliminary high-level talks, while Allen Media Group and Skydance still appear to be interested. Entertainment companies have been circling Paramount Global — home of one of Hollywood’s most storied movie studios, popular television network CBS and several other legacy brands and franchises — since at least last summer. Skydance Media separately has been working since last summer on a deal to buy the Redstone family’s National Amusements, which holds 77% of the voting shares of Paramount.
History of this topic
Paramount drama heightens as Edgar Bronfman Jr. submits bid
LA Times
Paramount Global takes $6-billion write-down. Layoffs to hit 15% of staff
LA Times
Paramount Global sale collapses after Shari Redstone pulls support for David Ellison deal
LA Times
Deal or no deal for Paramount? Here are the options on the table
LA Times
Sony Pictures and private equity firm Apollo express interest in buying Paramount for $26 billion
The Independent
Sony and Apollo make formal $26-billion joint bid for Paramount
LA Times
Bob Bakish is ousted as CEO of Paramount Global as internal struggles explode into public view
LA Times
Sony in talks to team with Apollo to bid for Paramount
LA TimesThe show goes on for Paramount with ‘Gladiator II,’ a new Damien Chazelle movie and more
Associated Press
Paramount Global is for sale. Who’s buying and how did we get here?
LA Times
‘Dune’ studio Legendary gets $760-million Apollo investment
LA Times
Verizon quits digital ad space, sells Yahoo and AOL to Apollo for half of what it paid for them
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