sony
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Business
Sony says it won’t submit bid for Paramount
Sony will not submit another bid for Paramount Global as “it does not fit well with our strategy,” according to…
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Business
Alamo Drafthouse Cinema, Fantastic Fest acquired by Sony Pictures
Sony Pictures Entertainment is getting into the exhibition business. The studio behind recent films like “Bad Boys: Ride or Die” and “The Garfield…
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Business
Nobody knows what Paramount chair Shari Redstone wants to do with conglomerate
Remember Byron Allen? You know, the voluble media executive who got Paramount shareholders all juiced up when he said he…
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Business
Apollo-Sony bid for Paramount could face antitrust hurdles from feds: sources
Apollo Global Management and Sony’s bid to buy Paramount Global faces significant hurdles to get the deal past Democratic-led federal…
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Business
Paramount won’t extend exclusive deal period with Skydance: sources
Paramount Global will end its exclusive negotiations with Skydance Media without reaching a deal, the New York Times reported Friday, citing people…
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Business
Paramount Global receives $26B offer from Sony, Apollo amid Skydance talks
Sony Pictures and the private equity firm Apollo Global Management have expressed interest in buying Paramount Global for $26 billion,…
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Business
Paramount mulls removing CEO Bob Bakish amid Skydance sale talks
Paramount Global is reportedly considering dumping longtime CEO Bob Bakish and replacing him with a group of executives as the…
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Business
Paramount shares jump more than 10% as Sony, Apollo discuss joint buyout bid
Shares of Paramount Global rose more than 10% on Friday, on news Sony Pictures Entertainment and Apollo Global Management were discussing a joint bid to acquire the…
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Business
Sony in talks with Apollo to team up on bid to buy Paramount: sources
Sony Group and Apollo Global Management are in talks to team up on a bid for Paramount Global, sources told…
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Tech
Sony lays off 900 workers from PlayStation division amid video game slump
Sony Interactive Entertainment on Tuesday said the company will cut about 900 jobs at its PlayStation unit and shut a…
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