Todd Spangler NY Digital Editor Is Barry Diller looking to charge back into Hollywood? IAC, the internet media and publishing conglomerate led by Diller, is “exploring” a bid to acquire Shari Redstone’s National Amusements Inc., the company that owns a controlling stake in Paramount Global, the New York Times reported Monday, citing anonymous sources.
IAC has signed nondisclosure agreements with National Amusements Inc. to perform due diligence on a deal, per the Times report.
Diller once ran Paramount Pictures — and tried to buy the studio in the 1990s, before he was outbid by Sumner Redstone (the late father of Shari Redstone).
In March 1994, Viacom acquired control of Paramount in a deal worth about $10 billion. An IAC spokeswoman declined to comment.
Read more on variety.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.