“There might have been other scenarios that could have played out in other ways, but this seems to be currently the scenario for the moment.” Those were Sony Pictures Chairman and CEO Tom Rothman‘s thoughts tonight when Deadline asked him at the NYC premiere of Apple’s Fly Me to the Moon for his take on the big news going around town, read the pending $8 billion Skydance–Paramount deal.
Sony Pictures Entertainment teamed with Apollo to make a $26 billion go at Paramount Global, signing an NDA in mid-May. Those talks didn’t make as much noise as Skydance’s courtship of Paramount Global.
The notion is that Sony’s pursuit of Paramount would be embattled by government regulations which prohibit a foreign company from having any ownership of a U.S.
Broadcast network. However, despite all directions pointing toward a Skydance-Paramount Global deal, there’s still that 45-day go-shop period for a better offer to emerge.
Read more on deadline.com
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