Sony and Apollo, which made a nonbinding expression of interest in acquiring Paramount for $26 billion last week, are also likely to keep Paramount’s library of films and TV shows and the rights ...

Sony will not submit another bid for Paramount Global as “it does not fit well with our strategy,” according to the president of the Japan-based PlayStation maker.

Sony essentially was after the Paramount studio and had plans to cut the more burdensome parts of the conglom, i.e. auctioning off CBS, linear channels like MTV and the Paramount+ streaming service.

Having Sony, a $100-billion company (by market cap, where Paramount Global is worth just $8 billion), on board certainly helps calm financial fears. Sony is also Skydance on steroids.

Whatever is to come next for Paramount Global, it’s likely to play out slowly. The special committee is expected to begin a formal process with Sony/Apollo that will need time to facilitate ...

Shares of Paramount Global slid Tuesday following a CNBC report that Sony was “rethinking” its bid to acquire Paramount in conjunction with private-equity firm Apollo Global Management ...

Paramount Global has reached a settlement with Donald Trump in his lawsuit against CBS News, clearing a path for the media ...

Sony and investment firm Apollo Management are in talks about a joint buyout of Paramount Global, according to multiple outlets, sending Paramount shares up around 12% in after-hours trading Thursday.

Sony signed a non-disclosure agreement with Paramount allowing deal talks to begin but they'll not be focused on a $26 billion bid for whole company. Skip to main content Open Mega Menu ...

Sony Pictures Entertainment and the private equity giant Apollo Global Management have formally expressed interest in acquiring Paramount for roughly $26 billion, according to two people familiar ...

Sony will not submit another bid for Paramount Global as “it does not fit well with our strategy,” according to the president of the Japan-based PlayStation maker. Hiroki Totoki, who also ...

Paramount is holding exclusive talks with Skydance Media over a merger. Shares of the media stock jumped on reports of a new bid from Sony and Apollo that the company could also consider. Feel ...