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Didn't read it entirely. Says that Paramount will stay public. {nm}

Posted by: Jay_Beezy (a.k.a Jay_Bling) on Jun 03, 12:15 in response to Jay_Beezy's post Is there still word of Skydance taking Paramount private?

CNBC: Skydance and Paramount have agreed to terms. Disasterous for industry Sony takeover averted notfabio Jun 03, 07:29

Not the move I was referring to... ;) {nm} TheWeekendWarrior Jun 03, 07:37

So why would Sony have been disastrous? What is better about this buyout? {nm} terraformingearth Jun 03, 07:38

Skydance has already been a financing/production partner with Paramount so there's already a relationship there. TheWeekendWarrior Jun 03, 07:39

What WW mentioned, additionally there would be thousands of layoffs at Paramount, possibly the lot being sold off if Sony took over. {nm} notfabio Jun 03, 08:12

Is there still word of Skydance taking Paramount private? {nm} Jay_Beezy Jun 03, 09:49

Didn't read it entirely. Says that Paramount will stay public. Jay_Beezy Jun 03, 12:15

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