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Sony mulling Paramount buyout - reports
PlayStation maker Sony is considering a purchase of movie studio giant Paramount, according to reports. Both The New Yo…
Both The New York Times and Bloomberg report that Sony is interested in an offer for Paramount, which itself owns MTV, CBS and Nickelodeon, and operates streaming service Paramount+. Sony, of course, already has its own vast film and television empire, and has bought other movie studios before - most notably Colombia Pictures, home to Spider-Man and Ghostbusters. The proposed deal, a joint venture with investment firm Apollo Asset Management, would come as a rival to an existing offer to purchase Paramount from Skydance Media.
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