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Edgar Bronfman Jr. Still Mulling Bid For Paramount Control During Skydance “Go-Shop” Period
Veteran media exec Edgar Bronfman Jr. is continuing to explore a bid for National Amusements Inc., Paramount Global's controlling shareholder.
Sources familiar with the discussions told Deadline that Bronfman, the Seagrams scion who has held the posts of vice chairman of Vivendi Universal and CEO of Warner Music, has been doing due diligence and speaking with financial backers. Bronfman in recent years has helped run a venture capital firm for early-stage media startups and served as executive chairman of streaming pay-TV operator Fubo, among other pursuits. It is not clear, sources said, whether his proposal would resemble Skydance’s and result in a fully merged entity, versus Bronfman’s group taking a significant stake in Paramount.
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