Apollo Offers $11 Billion For Paramount Studios, Report Says
APOApollo Management(APO) Forbes·2024-03-21 04:41

ToplineApollo Global Management has made an $11 billion offer to purchase Paramount Global’s studios, according to the Wall Street Journal, while the entertainment company reportedly weighs another offer from Skydance Media and RedBird Capital Partners.Paramount is reportedly weighing another offer from Skydance Media and David Ellison.AFP via Getty Images Key FactsThe Apollo deal would require Paramount Global to break off its film and television studios, which produced “Mission: Impossible–Dead Reckoning” ...