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  • Sony in talks to team with Apollo to bid for Paramount

    Sony Pictures Entertainment is in talks to join Apollo Global Management in its $26-billion bid for Paramount Global — a partnership that would boost the private equity firm's efforts to wrangle the prize. While the talks are preliminary, the two sides have been hashing out the contours of a deal that would have the Culver City-based Sony film and television studio take the lead in the partnership. If a deal were consummated, Sony would control a significant majority stake in Paramount,...

  • Sony Is in Talks With Apollo on a Joint Paramount Bid

    (Bloomberg) -- Sony Group Corp. and Apollo Global Management Inc. are considering teaming up in a bid for the film and TV giant Paramount Global, according to a person familiar with the matter.Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingSingapore Loses ‘World’s Best Airport’ Crown to QatarRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsThe two companies...

  • Sony In Talks To Team With Apollo In Bid For Paramount Global

    Remember those rumors, oh, eight years ago about how Sony was a target for acquisition? No more. Still, don’t say merger yet. Deadline has confirmed that Sony Picture Entertainment CEO Tony Vinciquerra has been in talks with Apollo Global Management about making a go for Paramount. This despite Skydance/Redbird Capital being in exclusive talks with