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Apollo & Sony: Record-Breaking $26bn Paramount Strategy Explained

Apollo Global Management and Sony Pictures Entertainment have unveiled plans for a strategic acquisition of Paramount Global, with a purchase price set at $26 billion.

Apollo and Sony to acquire Paramount Pictures, an American film and television production and distribution company. Photo: Shutterstock

This ambitious move aims to restructure and streamline Paramount by maintaining its core movie studio and selling off other significant assets including the CBS network, MTV, and the streaming service Paramount+.

The approach centers around transforming Paramount into a more

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