Veteran media executive’s bid would scupper Hollywood media empire’s planned merger with Skydance Media
The veteran media executive Edgar Bronfman Jr has submitted a multibillion-dollar takeover offer for Paramount Global, according to reports.
The entertainment conglomerate behind Paramount Pictures, the storied Hollywood movie studio, and TV networks including CBS, Nickelodeon, MTV and the UK’s Channel 5, last month agreed to a blockbuster merger with the independent film studio Skydance Media.
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