[Industry] Sony and Apollo send letter expressing interest in $26 billion Paramount buyout as company mulls Skydance bid

https://www.cnbc.com/2024/05/02/sony-apollo-express-interest-in-paramount-buyout-amid-skydance-bid.html

cross-posted from: https://reddthat.com/post/18410459

[Industry] Sony and Apollo send letter expressing interest in $26 billion Paramount buyout as company mulls Skydance bid

16 points · 6 comments · view on lemmy.world

6 Comments

FlyingSquid@lemmy.world · 23 pts · 2y (3 replies)

I'm thinking this is bad for Star Trek no matter what, because the first thing these entertainment companies do when they buy each other is cut budgets and cut projects.

negativenull@lemmy.world · 13 pts · 2y

Agreed. There's already too much consolidation in the TV/Movie content industry.

glimse@lemmy.world · 6 pts · 2y

Wow how rude, that doesn't sound like Sony at all! They're a good company with a preference for quality media over profits...always!

Worf@lemmy.world · 5 pts · 2y

I’d be really curious to see how Trek is seen in bigwig offices. Do they see potential worth investing in, or do they see it as a dead franchise?

Shyfer@ttrpg.network · 10 pts · 2y

Oh cool. More movie company consolidation -_-.. Great...

MelodiousFunk@slrpnk.net · 6 pts · 2y

Til all are one -_-