Paramount deal talks: How investors are viewing risks

Paramount Global (PARA) has entered into acquisition talks with Sony (SONY) and Apollo Global Management (APO), who proposed a joint bid of $26 billion to buy the media company. Last week, Paramount CEO Bob Bakish stepped down for his chief executive role while Paramount ended its exclusive talks with Skydance Media last week.
MoffettNathanson Managing Director and Equity Research Analyst Robert Fishman joins Catalysts to give insight into a potential deal for Paramount.
"There's lots of uncertainty that comes to play with all these different scenarios, and there's some risks involved in that too," Fishman says. "So, as an independent shareholder, really, you've been swung around and trying to understand how the future of this can go, because as an independent company going forward, there are still significant challenges ahead, and that includes fundamental challenges on the business that we follow. "
Yahoo Finance Executive Editor Brian Sozzi sat down with Apollo Global Management CEO Marc Rowan at the 2024 Milken Institute Global Conference, discussing Apollo's search for value through this Paramount deal.
Note: Apollo Global Management is Yahoo's parent company.
#youtube #news #stockmarket
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[@dejesusmorrobel1201]

Apollo will eat the cake.

[@juniorjr.427]

Another American company gone..... I don't get how they just approve these monopolies

[@craigfrow-kr6pe]

Paramount Plus has over 70 million subscribers. Pluto TV has over 80 million viewers. Paramount has contracts with advertisers, NFL and Wal-Mart. Sony cannot own CBS. Paramount needs to provide more inclusive news coverage.

[@duran9664]

⚠️Adults in the room that can bring back the monopoly & screw viewers at mass scale 😒

[@SingleSuccessfulMomMBA1422]

It's an LBO, Paramount will be chopped up and auctioned off piece by piece.