Sony, Apollo to sell Paramount-owned TV networks if deal approved
CBS, MTV and Paramount Plus could be divorced from the Paramount Pictures, according to a report.
CBS, MTV and Paramount Plus could be divorced from the Paramount Pictures, according to a report.
Sony and Apollo Global Management have formalized their $26 billion all-cash bid for Paramount Global.
Around a dozen stations are now available to Dish Network customers in Cox Media-served markets.
One potential strategy involves operating Paramount as part of a joint venture.
Dawn Ostroff, Frederick Terrell, Rob Kleiger and Nicole Seligman are said to be leaving Paramount’s board in the coming weeks.
Aspen Sky Trust characterized Skydance’s offer as “undervalued,” one that would benefit Shari Redstone over other shareholders.
Apollo Global Management has offered National Amusements $11 billion to acquire Paramount Global’s film and television studio business.
Cox Media stations were restored to DirecTV and U-Verse just hours before Super Bowl LVIII on Sunday.
Cox Media Group pulled around a dozen television stations from DirecTV-owned satellite and streaming platforms late Friday evening.
Television broadcaster TEGNA says its pending deal to be acquired by Standard General is officially dead.