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www.axios.com

The article is a very fast read because it’s Axios, but in a nutshell, either:

  • Skydance gets Paramount intact, but possibly with financial trouble and selling some IP.

  • Sony gets Paramount, but restructures the company and also possibly sells some parts.

  • Nothing happens… and Paramount continues its downward spiral, probably accelerated by a failed sale.

The can of worms opened today, as now Paramount is officially open to a buyout from sony.

I don’t like this at all. Avatar is a high budget IP, animesque fantasy, and not historically, proveably profitable like Star Trek/Spongebob. Avatar Studios is a real candidate to be chopped off.

  • Microw@lemm.ee
    2·
    6 months ago

    The most important thing IMO is that they dont get bought by the megacorps (Disney or WarnerDiscovery).

    For that same reason I would prefer Sundance or a Redstone/Viacom solution.

    • brucethemoose@lemmy.worldOP
      1·
      6 months ago

      Late reply, but they do need someone with financial stability to not just cut all the stuff.

      Looks like it’s gonna be Sony now, anyway?