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Sony In Talks To Team With Apollo In Bid For Paramount Global

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deadline.com
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Remember those rumors, oh, eight years ago about how Sony was a target for acquisition? No more. Still, don’t say merger yet.

Deadline has confirmed that Sony Picture Entertainment CEO Tony Vinciquerra has been in talks with Apollo Global Management about making a go for Paramount.

This despite Skydance/Redbird Capital being in exclusive talks with Paramount Global‘s majority shareholder National Amusements to take control of the studio.

The Apollo and Sony deal is reportedly an all-cash one for outstanding stock in Paramount, in total making the studio private through a joint venture, per the New York Times in a story today.

Read more on deadline.com
All news from deadline.com
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