Reported about 2 months ago
Paramount is currently weighing two offers: Skydance Media's bid, which includes studio integration and stakeholder protections, and Edgar Bronfman Jr.'s proposal, which offers more cash to shareholders while allowing the studio to maintain its current structure. Analyst Jamie Lumley emphasizes that while Skydance has financial backing from the Ellison family, Bronfman's approach requires consensus from multiple parties. Additionally, Paramount aims to streamline its operations by divesting non-core assets and refocusing on producing top-quality content.
Source: YAHOO