Byron Allen Makes $14 Billion Offer for Paramount Global

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Needham Entertainment Senior Analyst Laura Martin joins Caroline Hyde and Ed Ludlow to break down the latest in entertainment, with media mogul Byron Allen's multibillion-dollar takeover offer for Paramount Global and Disney activist investor Nelson Peltz's plans to bundle ESPN+ with Netflix. Plus, her take on Google's advertising business following earnings. She speaks on "Bloomberg Technology."
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Опубликовано:

28 сен 2024

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Комментарии : 8

@FASTO1 8 месяцев назад

Is this real? Anyone can offer to buy something. If the seller says yes, can the buyer buy it?

@jirenthegray 7 месяцев назад

It's more complicated than that. Shari Redstone is represented by the Paramount board and M&A advisors on the best possible choice. They are exploring all the options independently from Shari. I pray that Byron Allen gets this deal. It would be the biggest upset in media and entertainment in the last 100 years. But the media has already chosen a buyer (by opinion) and is rallying behind David Ellison/Skydance Media as the likely suitor.

@davidriley1702 8 месяцев назад

Haven't seen Laura Martin in a while, since her take on the WWE

@devontektsellers 8 месяцев назад

Sorry company worth 44b at minimum 14 is spitting in someones face

@jirenthegray 7 месяцев назад

Not really. The company's market cap is $9B. So, paying $14B is still a premium. But paying $30B is the holy grail! It rewards all shareholders and Shari Redstone.