In ongoing discussions, Apollo Global Management and Sony Pictures Entertainment are considering teaming up for Apollo’s $26-billion bid for Paramount Global. This partnership aims to bolster the private equity firm’s endeavors to secure the sought-after asset. Although the discussions are in preliminary stages, the two parties have been negotiating the framework of a potential agreement, wherein the Culver City-based Sony film and television studio would assume a leading role in the partnership.Source: https://www.latimes.com/entertainment-arts/business/story/2024-04-18/sony-in-talks-to-team-with-apollo-to-bid-for-paramount (ICE LOS ANGELES)

Fonte notizia: LA Times