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Sony’s Out: Won’t Return To Mix During Paramount’s 45-Day “Go Shop” Window
Sony's Out: Won't Return To The Mix During Paramount's 45-Day "Go Shop" Window
EXCLUSIVE: Sony will not be one of those rival parties trying to shore up a better bid during Paramount Global ‘s Go-Shop period following the $8 billion offer by the David Ellison’s Skydance Media. Industry suits, talent reps, filmmakers and content creators around town sweated the idea of losing another major Hollywood studio after 20th Century Fox was gobbled up by Disney. In addition, exhibition was worried that a combined Sony-Paramount merger would mean less movies overall, this despite some insiders telling Deadline that the plan was to keep theatrical output steady for both labels in order to compete with streaming and other studios.
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