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

Yes it is. Anyone who wants to understand the Comcast Universal business status just has to check out their latest 10K online.
UMG is co-owned with the Evil overlord Tencent and the not-so-evil funny frenchman Vincent Bollore
 
Annnnnnd it's off again


Skydance’s merger with Paramount was called off Tuesday after the two sides failed to agree on terms, according to two people with knowledge of the talks, scuttling a deal that has captivated Hollywood for months.
 
The questions continue to circulate as to what’s next…

What a disaster. What is missing in that article is any ideas that might improve value. They have none. They're a bunch of accountants talking about debt and money. That's why the stock crashed. The only hope is for maybe another Mission Impossible from aging superstar Tom Cruise. The broadcasting and cable businesses are in the crapper. Sheri already blew her load by combining CBS and Viacom, and the result was a huge thud. And then things got worse. So my take is this when the vultures fly in and rip away as the assets of what was once a great company.
 
The questions continue to circulate as to what’s next…
This is pretty much reeks of a similar clusterf**k to Standard General/TEGNA. So much talk of a sale/merger happening, but at the end of the day, nothing happens.
 
This is pretty much reeks of a similar clusterf**k to Standard General/TEGNA. So much talk of a sale/merger happening, but at the end of the day, nothing happens.
The difference is the proposals of either Apollo nor SkyDance didnt sent approval request to the FCC in case of involving the CBS News and Stations unit.
 
The difference is the proposals of either Apollo nor SkyDance didnt sent approval request to the FCC in case of involving the CBS News and Stations unit.
You're right. The Sale of TEGNA to Standard General was turned down by the FCC. The Paramount merger talks died in the negotiation phase. Completely different circumstances.
 
Given the state of traditional media and broadcast and the lack of future therein, it doesn't surprise me at all that a potential suitor would get cold feet and back out. It's potentially a lot of debt to be acquired when media stocks continue to slide. In other words; the valuation of media stocks isn't going up anytime soon, so there's no way an acquiring/merging business can see a bright future for such a merger.
 
ABC OTA keep on promoting HULU as where to watch their programs. Same with Paramount.
Do they make more off of the streaming than the traditional OTA? Usually barring macro economics messing and entire industry, usually if one company falters, some other company (s) gain it's business. Where has the business for Paramount gone?
 
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