Mercury33 Posted February 18 Share Posted February 18 Fine by me. I have to have Peacock for the WWE and I’ve always resisted Paramount because I didn’t want to add another service. Hopefully they completely redo the interface. It blows my mind how none of these companies can hire a halfway competent designer to make these UI even marginally user friendly. Except Disney and Netflix which are fine I guess. 1 1 Quote Link to comment Share on other sites More sharing options...
Jason Posted April 19 Share Posted April 19 This seems...less terrible than a lot of the other possible outcomes? Sony mulling Paramount buyout - reports WWW.EUROGAMER.NET PlayStation maker Sony is considering a purchase of movie studio giant Paramount, according to reports. Both The New Yo… Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted April 19 Share Posted April 19 12 minutes ago, Jason said: This seems...less terrible than a lot of the other possible outcomes? Sony mulling Paramount buyout - reports WWW.EUROGAMER.NET PlayStation maker Sony is considering a purchase of movie studio giant Paramount, according to reports. Both The New Yo… Do I get a free Paramount+ sub with my PS+ subscription? Quote Link to comment Share on other sites More sharing options...
TwinIon Posted April 20 Share Posted April 20 Sony makes a lot of sense as a buyer. They have a movie studio, but not a streaming service. They lack franchise IP (though Paramount isn't exactly overflowing with them either). There probably wouldn't be an anti-trust battle. Quote Link to comment Share on other sites More sharing options...
Jason Posted April 20 Share Posted April 20 2 hours ago, TwinIon said: Sony makes a lot of sense as a buyer. They have a movie studio, but not a streaming service. They lack franchise IP (though Paramount isn't exactly overflowing with them either). There probably wouldn't be an anti-trust battle. They also probably wouldn't just gut everything to milk a tax loss off the purchase right? Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted April 20 Share Posted April 20 5 hours ago, Jason said: This seems...less terrible than a lot of the other possible outcomes? Pretty terrible if you saw what they did to crunchyroll and the other service and rightstuf. Fuck Sony. 1 Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted April 29 Share Posted April 29 Paramount CEO Bob Bakish could be out as soon as Monday as Skydance merger talks continue WWW.NBCNEWS.COM Bakish has lost the trust of Paramount Global controlling shareholder Shari Redstone, according to people familiar with her thinking. Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted April 29 Author Share Posted April 29 Skydance Best And Final Offer For Paramount: Bigger Cash Infusion, Less For Shari Redstone, More For Other Shareholders – Update DEADLINE.COM Skydance has revised its offer for control of Paramount Global amid merger and CEO drama. Quote UPDATED with details of revised Skydance offer: Deadline has learned that Skydance’s offer for Paramount, said to be its last and final, includes a sweetened $3 billion cash in injection — up by at least $1 billion contemplated previously. That’s key as a priority is Paramount holding enough cash on its balance sheet for an investment grade status with big ratings agencies. The deal also includes a premium sweetener for a percentage of non-voting Class B shares, although details of that aren’t clear. Shari Redstone would take an unspecified haircut compared with the initial deal terms, below. Paramount’s planned all stock acquisition of Skydance, planned as a second step in the transaction, wouldn’t change, with a value remaining at about $5 billion. It’s not clear what happens to the few other Class A shareholders beyond Redstone, but most, like Mario Gabelli, also hold B shares. Class A share have voting rights and Redstone owns most of them. Class B share don’t. Redstone’s family holding company NAI had requested a revised Skydance offer that included more equitable treatment for stockholders beyond Shari Redstone after said investors raised an uproar. A person familiar with the new offer says it meets and exceeds all of NAI’s requests. The person also said that investors still hoping for a total takeout of Paramount by Sony and Apollo should not, because Redstone does not want to break the company up. Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted May 2 Author Share Posted May 2 A $26 billion ALL CASH offer?!?!? Sony and Apollo want to buy Paramount for $26 billion in cash QZ.COM It's Apollo Global Management's second offer for the media giant, which has been in merger talks with Skydance Quote Sony Pictures and Apollo Global Management have made a $26 billion all-cash offer to buy Paramount Global, the parent company of CBS, MTV, and Paramount Pictures, according to a new report. The Wall Street Journal, citing unnamed sources familiar with the matter, reports that Sony Pictures CEO Tony Vinciquerra and Apollo partner Aaron Sobel signed an offer letter that was sent on Wednesday. The offer letter is non-binding and is meant to start talks, The Journal reports. Quote Link to comment Share on other sites More sharing options...
sblfilms Posted May 2 Share Posted May 2 Thanks, I hate it Quote Link to comment Share on other sites More sharing options...
silentbob Posted May 2 Share Posted May 2 I wonder if the Sony offer might cause something to loosen in the Marvel rights of the characters. Thinking if somehow a merge with Paramount causes some slight wording of initial Marvel contract rights to allow Disney to go to court to get sole right of. No more Madam Web, Morbius and other shit down the pipeline. . . minus Spider-Verse, keep that shit going. Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted May 2 Author Share Posted May 2 8 minutes ago, sblfilms said: Thanks, I hate it If it's any consolation, there is a pretty significant regulatory hurdle for this bid that's not present with the Skydance bid which would be Sony's potential foreign corporation ownership of CBS stations. Quote Link to comment Share on other sites More sharing options...
elbobo Posted May 2 Share Posted May 2 a quick google search shows that Sony and Apollo have a combined cash on hand of about 35 billion at the end of 2023 so they can swing it without any cap raise Quote Link to comment Share on other sites More sharing options...
GeneticBlueprint Posted May 2 Share Posted May 2 I don't want consolidation of media in general. But I do want consolidation of streaming. So in that sense Sony seems like one of the better options since they don't have a streaming service. Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted May 3 Author Share Posted May 3 6 hours ago, elbobo said: a quick google search shows that Sony and Apollo have a combined cash on hand of about 35 billion at the end of 2023 so they can swing it without any cap raise Even with having the actual cash to make good on such a ludicrous offer, I'm pretty convinced that its sole intent is to force out Skydance rather than being a truly serious bid. There is a pretty significant regulatory issue with the Sony/Apollo bid that involves the CBS stations that are directly owned by Viacom as there are legal complications involving foreign company ownership of American television stations. Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted May 6 Author Share Posted May 6 Sony and Apollo in Talks to Acquire Paramount - The New York Times WWW.NYTIMES.COM After letting exclusive talks with the movie studio Skydance lapse, Paramount’s directors met over the weekend and decided to negotiate with all the suitors. Quote Paramount has decided to formally open negotiations with a bidding group led by Sony Pictures Entertainment and the private equity giant Apollo, according to three people familiar with the matter. The move comes after a period of exclusive talks with the Hollywood studio Skydance lapsed on Friday night. A special committee of Paramount's board of directors met Saturday and signed off on beginning deal talks with Sony and Apollo, which last week submitted a nonbinding letter of interest offering to buy the company for around $26 billion in cash, the people said. The committee also decided to push for further negotiations with Skydance, a studio founded by the technology scion David Ellison. Quote Any deal between the Sony group and Paramount faces hurdles. Government regulations restrict foreign ownership of broadcast networks and could prevent Sony's parent company, based in Japan, from owning CBS outright. The bidding group would probably push for Apollo, which is based in the United States, to hold the rights to the CBS broadcast license, according to two people familiar with their strategy. Quote Under the terms currently being contemplated in the Sony-Apollo tie-up, Sony would be a controlling shareholder, with Apollo owning a minority stake, according to the two people familiar with the bidders' strategy. Sony executives have discussed operating the Paramount studio as a division of their larger empire, uniting the studios behind the "Spider Man" and "Mission: Impossible" franchises and combining their theatrical marketing and distribution operations. Though the finer points of the deal have yet to be detailed, Sony and Apollo have discussed putting Paramount — which includes the Paramount+ streaming service and the CBS broadcast network — into a joint venture, the two people said. One scenario under discussion is allowing Apollo to sell its minority stake back to Sony in a few years, allowing Sony to consolidate ownership of the company. It is unclear what Skydance will do next. It sweetened its offer to Paramount last week, offering a $3 billion investment to buy back stock and pay down debt, but that extra incentive wasn't enough to get the deal across the finish line. Skydance could still improve its bid, but one person familiar with the company's strategy said it was unwilling to continue negotiating only to drive up the price for another suitor. Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted May 6 Share Posted May 6 Hopefully they do better with this than they did Helldivers. Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted May 6 Share Posted May 6 30 minutes ago, Keyser_Soze said: Hopefully they do better with this than they did Helldivers. PSN accounts will be required to watch Tulsa King S2 1 Quote Link to comment Share on other sites More sharing options...
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