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Leading Private Equity Firm Apollo & Sony Pictures Sent Letter to Paramount Global Board to Express Interest to Buy Paramount for $26 Billion, Software Giant Oracle Larry Ellison Son David Ellison Skydance Media Backed by KKR & RedBird Capital Awaits Paramount Review to Acquire Shares from Paramount Key Shareholder Shari Redstone
3rd May 2024 | Hong Kong
Leading private equity firm Apollo Capital Management & Sony Pictures had sent a letter to Paramount Global board to express interest to buy Paramount for $26 billion. Software giant Oracle Larry Ellison son David Ellison Skydance Media (backed by KKR & RedBird Capital) is awaiting Paramount review to acquire Paramount shares from Paramount key shareholder Shari Redstone (Larry Ellison has a personal fortune of around $145 billion). In March 2024, leading private equity firm Apollo Global Management has been reported to offer $11 billion to buy Paramount Pictures which owns movies including Star Trek & Indiana Jones from global media group Paramount Global. Earlier in February 2024, Allen Media Group had offered $14.3 billion to buy $9.9 billion global media group Paramount Global. Allen Media Group is founded by Byron Allen in 1993. In December 2023, media & entertainment giants Warner Bros Discovery (21/12/23: $28 billion market value) and Paramount Global (21/12/23: $10 billion) have been in talks for a $38 billion merger. Warner Bros Discovery owns brands including HBO, Discovery, CNN, Cartoon Network. Paramount Global was formed in 2019 with the merger of CBS Corporation & Viacom. Warner Bros. Discovery is a leading global media and entertainment company that creates and distributes the world’s most differentiated and complete portfolio of content and brands across television, film and streaming. Paramount delivers premium content to audiences across platforms worldwide. More info below:
“ Leading Private Equity Firm Apollo & Sony Pictures Sent Letter to Paramount Global Board to Express Interest to Buy Paramount for $26 Billion, Software Giant Oracle Larry Ellison Son David Ellison Skydance Media Backed by KKR & RedBird Capital Awaits Paramount Review to Acquire Shares from Paramount Key Shareholder Shari Redstone “
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Leading Private Equity Firm Apollo Global Management Offers $11 Billion to Buy Paramount Pictures Which Owns Movies Including Star Trek & Indiana Jones from Global Media Group Paramount Global, Allen Media Group Offered $14.3 Billion in February 2024 to Buy $9.9 Billion Paramount Global, Warner Bros Discovery & Paramount Global in Talks for $38 Billion Merger
22nd March 2024 – Leading private equity firm Apollo Global Management has been reported to offer $11 billion to buy Paramount Pictures which owns movies including Star Trek & Indiana Jones from global media group Paramount Global. Earlier in February 2024, Allen Media Group had offered $14.3 billion to buy $9.9 billion global media group Paramount Global. Allen Media Group is founded by Byron Allen in 1993. In December 2023, media & entertainment giants Warner Bros Discovery (21/12/23: $28 billion market value) and Paramount Global (21/12/23: $10 billion) have been in talks for a $38 billion merger. Warner Bros Discovery owns brands including HBO, Discovery, CNN, Cartoon Network. Paramount Global was formed in 2019 with the merger of CBS Corporation & Viacom. Warner Bros. Discovery is a leading global media and entertainment company that creates and distributes the world’s most differentiated and complete portfolio of content and brands across television, film and streaming. Paramount delivers premium content to audiences across platforms worldwide. More info below:
Allen Media Group Offers $14.3 Billion to Buy $9.9 Billion Global Media Group Paramount Global, Warner Bros Discovery & Paramount Global in Talks for $38 Billion Merger
2nd February 2024 – Allen Media Group has offered $14.3 billion to buy $9.9 billion global media group Paramount Global. Allen Media Group is founded by Byron Allen in 1993. In December 2023, media & entertainment giants Warner Bros Discovery (21/12/23: $28 billion market value) and Paramount Global (21/12/23: $10 billion) have been in talks for a $38 billion merger. Warner Bros Discovery owns brands including HBO, Discovery, CNN, Cartoon Network. Paramount Global was formed in 2019 with the merger of CBS Corporation & Viacom. Warner Bros. Discovery is a leading global media and entertainment company that creates and distributes the world’s most differentiated and complete portfolio of content and brands across television, film and streaming. Paramount delivers premium content to audiences across platforms worldwide. More info below:
Media & Entertainment Giants $28 Billion Warner Bros Discovery & $10 Billion Paramount Global in Talks for $38 Billion Merger, Warner Bros Discovery Owns Brands Including HBO, Discovery, CNN, Cartoon Network, Paramount Global Formed in 2019 with Merger of CBS Corporation & Viacom
22nd December 2023 – Media & entertainment giants Warner Bros Discovery (21/12/23: $28 billion market value) and Paramount Global (21/12/23: $10 billion) are in talks for a $38 billion merger. Warner Bros Discovery owns brands including HBO, Discovery, CNN, Cartoon Network. Paramount Global was formed in 2019 with the merger of CBS Corporation & Viacom. Warner Bros. Discovery is a leading global media and entertainment company that creates and distributes the world’s most differentiated and complete portfolio of content and brands across television, film and streaming. Paramount delivers premium content to audiences across platforms worldwide.
Media & Entertainment Giants $28 Billion Warner Bros Discovery & $10 Billion Paramount Global in Talks for $38 Billion Merger
Warner Bros. Discovery is a leading global media and entertainment company that creates and distributes the world’s most differentiated and complete portfolio of content and brands across television, film and streaming. Available in more than 220 countries and territories and 50 languages, Warner Bros. Discovery inspires, informs and entertains audiences worldwide through its iconic brands and products including: Discovery Channel, Max, discovery+, CNN, DC, Eurosport, HBO, HGTV, Food Network, OWN, Investigation Discovery, TLC, Magnolia Network, TNT, TBS, truTV, Travel Channel, MotorTrend, Animal Planet, Science Channel, Warner Bros. Motion Picture Group, Warner Bros. Television Group, Warner Bros. Pictures Animation, Warner Bros. Games, New Line Cinema, Cartoon Network, Adult Swim, Turner Classic Movies, Discovery en Español, Hogar de HGTV and others.
Paramount delivers premium content to audiences across platforms worldwide. We connect with billions of people—through our studios, networks, streaming services, live events, merchandise, and more. Our studios create content for all audiences, across every genre and format, while our networks and brands forge deep connections with the world’s most diverse audiences. In streaming, our differentiated strategy is scaling rapidly across free, broad pay, and premium.
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