Sony and Apollo Global's plan for Paramount: Break it up

Sony Pictures Entertainment and Apollo Global Management plan to acquire Paramount Global from Shari Redstone, intending to dismantle it. The strategy involves auctioning off CBS, MTV, and Paramount+ while merging Paramount Pictures with Sony's business. Skydance remains interested. Regulatory hurdles and divestitures are anticipated. Potential buyers for Paramount assets include Warner Bros. Discovery and TV station groups.
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