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What Could Happen If Paramount Global Is Sold — Especially in Pieces
A look at the assets comprising Paramount Global and what could happen if the company is sold in its entirety or in pieces as M&A rumors swirl.
Short of carving up the “mountain of entertainment,” as the Paramount+ tagline boasts, analysts say the overture could drive up bidding for the entirety of Paramount Global — which is what Shari Redstone, who owns a controlling stake in the media conglomerate, is understood to prefer. The company blamed the decline on lower theatrical and licensing revenues, compared with 2022 when Tom Cruise’s “Top Gun: Maverick” banked $1.5 billion at the global box office. Franchises like “Mission: Impossible” have had rights sold off to partners like Skydance, and dozens of similar third-party deals have been done over the past 20 years that whittle down the content that’s actually owned outright by Paramount’s studios.
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