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Summary
Sonymay be team up up with another company to purchaseParamount . The latter society , which was previously screw as ViacomCBS , is presently controlled by National Amusements . The current personification of the company comes after years of amalgamation and acquisitions , however , as it was originally founded as Paramount Pictures in 1914 , with their first movie spillage being the WesternThe Squaw Man , which was the directorial debut of Cecil B. DeMille , who would go on to become a Hollywood whale .
PerThe New York Times , Sony isin discussions with Apollo Global Management to purchase Paramount . The company have not yet made a move , as exclusive conversations are still ongoing about Paramount potentially merging with Skydance , a move that has proven to be unpopular with shareholders . The likely purchase alongside Apollo , which is partially spearhead by Sony Pictures Entertainment primary executive Tony Vinciquerra , would likely lead Paramount to essentially become one of the labels under the overall Sony umbrella .
What Would Sony Own If This Purchase Were To Go Through?
Paramount Is A Wide-Ranging Media Company
This potential leverage would make a media colossus , putting many brand and label under the control of Sony . At the clip of writing , Paramount has six primary units , all of which have their own sub - branch . Those would be Paramount Streaming ( which includes Paramount+ and PlutoTV ) , Paramount Media Networks ( including Nickelodeon and MTV ) , the studio Paramount Pictures , CBS Entertainment Group ( including CBS , BET , and VH1 ) , Paramount International Networks ( include Channel 5 and Telefe ) , and the merchandising whole Paramount Consumer Products and Experiences .
Paramount+ is arguably better bang for its original television shows , but its movie selection should n’t be neglect , with a great selection to take from .
From Paramount Pictures alone , the company would be acquiring a vast library of deed of conveyance . late successes from the companyinclude the record book - break out 2022 smashTop Gun : Maverick , the original horror hitSmile , and the popularbiopicBob Marley : One erotic love . coming Paramount movies that have the potential difference to be similar hit include the 2024 titlesA Quiet Place : Day One , grin 2 , andSonic the Hedgehog 3 , the late releasesMission : Impossible 8,Teenage Mutant Ninja Turtles : Mutant Mayhem 2 , andAang : The Last Airbender , and beyond .
Bob Marley : One Loveis the fourth highest - grossing moving-picture show release of the yr worldwide at the sentence of writing .
All of those championship exist alongside theParamountmovie and goggle box subroutine library , which already include theStar Trekuniverse , theScreammovies , and a great deal more . As such , Sony , which already owns belongings ranging fromThe Karate KidtoSpider - Man , could be in a situation to handle some of New enertainment ’s strongest IP . It remains to be seen if the project purchase is ever made , but if it materialise , it could have wide - array consequences on the entire entertainment manufacture .
seed : The New York Times
