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Barry Diller Kicking Tires On Paramount Bid – Report
Barry Diller is exploring a bid for Paramount, The New York Times reports. His IAC has inked nondisclosure deals with Shari Redstone's National Amusements.
The digital media pioneer’s IAC has inked nondisclosure deals with Shari Redstone’s National Amusements, the company’s controlling stakeholder, the paper said. Diller, who became head of Paramount Pictures a half-century ago at just 32 and once was outbid for the company by Sumner Redstone, is looking to take control of the company, which reportedly was close to a deal with David Ellison’s Skydance before those talks fell apart three weeks ago. Subscribe to Deadline Breaking News Alerts and keep your inbox happy.
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