This Week’s Potential Buyer Of Paramount: Sony

PopGeeks

Administrator
Competition is good, and necessary for a healthy society. If the consumer has fewer options, there is less innovation, higher prices and a lower quality product. Monopolies or oligopolies have never worked out well. So all that being said, don’t shoot the messenger — this news is out of my control. The owners of Paramount really want to sell it. They’re in a bind that is definitely their own fault yet they’d never admit it; the level of Paramount’s debt is surprisingly WORSE than WB’s. They’d love it if someone could take that debt off their hands, and have been looking for buyers for about a year now. WB Discovery was reported as being interested at one point, but seems to have backed off. Thank goodness; reducing the number of movie studios yet again would be terrible. No, wait…this new potential buyer, Sony ALSO owns a studio already, darrrrrrn! Sony is a bit of a curveball, because up to now they’ve kept out of the whole “spend trillions of dollars
 
Sony appears to be targeting Paramount right now. I didn't see that coming, but surprises make life interesting, right? Paramount has been waving the "For Sale" sign for a long, and it appears that Sony is considering taking it off their hands. Who wouldn't want a piece of the Paramount+ pie, especially with all of the Nicktoons and Star Trek merchandise? But don't forget, Sony already has Columbia in its back pocket. I wonder how they'll manage everything once they close the deal. In any case, I'm just here to watch the drama, popcorn in hand.
 
They've been playing it cool in the whole spending game, but now they're eyeing Paramount. I guess even the most cautious players gotta roll the dice eventually, right? With Paramount's lineup, who can blame 'em for peeking over the fence? But hey, let's not jump the gun; this deal ain't done till it's done. Who knows, Sony might just ghost Paramount like WB did. Guess we'll have to wait and see how this Hollywood soap opera unfolds. Hope CBS shows wont be affected as CBS is part of Paramount and I love CBS because they rarely cancel shows.
 
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