“It’s still progressing.” That’s what Sony Pictures Entertainment CEO Tony Vinciquerra had to say about his studio’s talks with Paramount Global for a potential merger.
His comments tonight at the Hollywood premiere for Sony’s Bad Boys: Ride or Die come on a day when Skydance has reportedly sweetened its deal for the Shari Redstone-run conglom.
Aside from that, Vinciquerra couldn’t disclose any more updates because, alas, he’s under an NDA which Sony signed two weeks ago.
That gives them access to Paramount Global’s books and allows deal talks to move ahead.Chairman and CEO Sony Pictures Entertainment Tony Vinciquerra on talks with Paramount : “It’s still progressing…” pic.twitter.com/jXBaXdiwDp Vinciquerra’s words to theater owners, “They should not be worried.” Chairman and CEO Sony Pictures Entertainment Tony Vinciquerra on how the potential merger would affect those in exhibition : “They should not be worried” pic.twitter.com/BfFsL1cw4e Vinciquerra’s appearance at the Bad Boys 4 premiere follows his remarks last night on a Sony investor event call.
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