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Apollo along with many of Private Equity Firms looking to buy Paramount owner National Amusments

DarrenVision

DarrenVision

t.co

Apollo Is Among Private Equity Firms Considering a Redstone Buyout

Apollo Global Management Inc. is considering making an offer for National Amusements Inc., the Redstone family company that controls film and TV giant Paramount Global.
t.co t.co

We expect KIRO 7, WHIO 7, & WJAX 47 being CBS o&os but it will create some conflicts in Jacksonville since they operate a Fox station WFOX as well as in Pittsburgh (KDKA vs WPXI) & Boston (WBZ /WSBK vs WFXT). Also Apollo has stations in Eugene, Orgeon (vs Sinclair's KVAL), Atlanta, & Charlotte (both vs Gray TV's WANF and WBTV). Disney might be panicking of losing their top rated station in Atlanta if they move to WANF aside from looking at WBTV in Charlotte & WKMG in Orlando. The upside WSB & WUPA might collaborate.
 
That's not how it works.

IF Apollo bought Paramount it wouldn't be combined with Cox Media Group. They'd be a separate company that just happens to share the same investment company financing it. But it may also have the same issues the failed Apollo/Standard General buyout of TEGNA last year due to Apollo holding controlling stakes in both (Following FCC Approval Delay TEGNA/Standard General Merger Is Terminated - RadioInsight)
 
The question would be do they want the stations or just the content? I'm starting to think the latter. But that's what everyone wants. Nobody wants to get stuck with the towers and transmitters.
 
TheBigA said:
The question would be do they want the stations or just the content? I'm starting to think the latter. But that's what everyone wants. Nobody wants to get stuck with the towers and transmitters.
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Do u even care about news than entertainment and sports. I'm sure people still want their information on the internet. FCC doesnt regualate streaming content but they regulate broadband infustructure towers.
 
lanceventa said:
That's not how it works.

IF Apollo bought Paramount it wouldn't be combined with Cox Media Group. They'd be a separate company that just happens to share the same investment company financing it. But it may also have the same issues the failed Apollo/Standard General buyout of TEGNA last year due to Apollo holding controlling stakes in both (Following FCC Approval Delay TEGNA/Standard General Merger Is Terminated - RadioInsight)
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Well the FCC might look into Apollo's ownership of Cox Media and this is about buying a content producer, streamer, and broadcaster. Also it's a solo bid along with other bidders, even if it's a rumor but for Apollo wants to combine their tv & online assets it will be a weird mashup since Apollo as Yahoo/AOL. Also Apollo doesn't have shares in TEGNA.
 
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DarrenVision said:
Well the FCC might look into Apollo's ownership of Cox Media and this is about buying a content producer, streamer, and broadcaster. Also it's a solo bid along with other bidders, even if it's a rumor but for Apollo wants to combine their tv & online assets it will be a weird mashup since Apollo as Yahoo/AOL. Also Apollo doesn't have shares in TEGNA.
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Darren,

What you write makes zero sense. Both companies are "content producers, streamers, and broadcasters". It has nothing to do with it being a solo or combo bid. There is absolutely nothing similar to this deal and the Yahoo/AOL deal you mention since that deal was not under the FCC's jurisdiction only the DOJ.

Read the article I linked. Apollo was to be the primary investor in TEGNA had its purchase last year been approved by the FCC.
 
lanceventa said:
Darren,

What you write makes zero sense. Both companies are "content producers, streamers, and broadcasters". It has nothing to do with it being a solo or combo bid. There is absolutely nothing similar to this deal and the Yahoo/AOL deal you mention since that deal was not under the FCC's jurisdiction only the DOJ.

Read the article I linked. Apollo was to be the primary investor in TEGNA had its purchase last year been approved by the FCC.
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Do u think it work again but I'm doubt it will sure there would be some divestitures even if Cox and Paramount are separate entities.
 
www.cnbc.com

David Ellison's Skydance Media explores acquiring all of Paramount Global, sources say

Skydance has discussed acquiring National Amusements, the holding company of Paramount Global, but those talks are contingent on a larger deal, sources said.
www.cnbc.com www.cnbc.com

Update Skydance Media is named as a candidate to get Paramount if approved.

David Ellison’s Skydance Media and its financial backers are exploring a deal to take private all of Paramount Global, people familiar with the matter told CNBC.

Skydance, the film and TV studio run by Ellison, has exchanged preliminary information with Paramount, said the people, who asked not to be named because the deal talks are private. Full due diligence hasn’t started, the people said.




Skydance has been working with private equity firms RedBird Capital Partners and KKR & Co. on a deal to buy National Amusements, the holding company owned by Shari Redstone. It controls 77% of Paramount’s voting stock.

But that deal is contingent on merging Skydance with Paramount, and the likely structure for a merger would be a complete take private of the larger media company, said the people.

Redstone is considering selling as the media landscape shifts away from traditional TV toward streaming. While Paramount Global has run a profitable business for decades, it is smaller than Netflix, Google’s YouTube, Apple, Amazon, and other larger streamers that have bigger balance sheets to afford sports and entertainment content.
Click to expand...
 
DarrenVision said:
Do u even care about news than entertainment and sports. I'm sure people still want their information on the internet. FCC doesnt regualate streaming content but they regulate broadband infustructure towers.
Click to expand...
Huh?? The Commission doesn't regulate what content is on the radio waves in, or out of cell/PCS towers.
 
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