Paramount may be on the cusp of sale, this time for sure?

Prometheus59650
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Paramount may be on the cusp of sale, this time for sure? Jan 31, 2024 17:03:11 GMT nombrecomun likes this

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Post by Prometheus59650 on Jan 31, 2024 17:03:11 GMT

But 50% over share price is gonna be hard to pass up.

www.yahoo.com/finance/news/paramount-stock-jumps-on-byron-allens-14-billion-buyout-report-143552114.html

Per the report, Allen plans to sell the Paramount film studio, which has produced top movies from "Top Gun: Maverick" and the "Mission Impossible" franchise to the recent breakout thriller "Smile" and kid-friendly "Paw Patrol."

He would also sell real estate and some other intellectual property but retain the TV channels and Paramount+ streaming service. He would plan to run them on a more cost-efficient basis, Bloomberg noted.

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Sounds like the CW 2.0 to me.

Last Edit: Jan 31, 2024 17:03:30 GMT by Prometheus59650

MrPicard Full Member Posts: 125	Paramount may be on the cusp of sale, this time for sure? Feb 1, 2024 9:49:21 GMT Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by MrPicard on Feb 1, 2024 9:49:21 GMT At this point I'm just like "someone just buy the damn thing already" - lol.
	"Sometimes, Number One, you just HAVE to bow to the absurd." (Jean-Luc Picard)

Prometheus59650
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Paramount may be on the cusp of sale, this time for sure? Feb 1, 2024 17:05:34 GMT

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Post by Prometheus59650 on Feb 1, 2024 17:05:34 GMT

Feb 1, 2024 9:49:21 GMT MrPicard said:

At this point I'm just like "someone just buy the damn thing already" - lol.

Kinda, yeah, but I would hope that Para took the Skydance offer that's apparently floating just because, "They do what we do."

I would hate to see Paramount scavenged for parts.

MrPicard
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Paramount may be on the cusp of sale, this time for sure? Feb 2, 2024 13:24:43 GMT

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Post by MrPicard on Feb 2, 2024 13:24:43 GMT

It would sure be fascinating to see the extreme version of CBS vs. Paramount - but this time it would be different studios holding the rights to different Trek series or something. I mean it was somewhat chaotic already with the international streaming stuff where people had to have Netflix and Prime to see all of Trek.

"Sometimes, Number One, you just HAVE to bow to the absurd." (Jean-Luc Picard)

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Paramount may be on the cusp of sale, this time for sure?

Post by Prometheus59650 on Jan 31, 2024 17:03:11 GMT

Post by MrPicard on Feb 1, 2024 9:49:21 GMT

Post by Prometheus59650 on Feb 1, 2024 17:05:34 GMT

Post by MrPicard on Feb 2, 2024 13:24:43 GMT

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