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Wall Street bankers, lawyers losing out on hundreds of millions after Paramount’s scrapped Skydance merger: sources https://t.co/ff4e0IrAVz https://t.co/LIEebILfko
‘MISSION IMPOSSIBLE 8’ is reportedly set to have a budget of over $300M. ‘Dead Reckoning’ earned only $567M globally, causing a loss of $200M+ (Via: https://t.co/v7z0VyHb0b) https://t.co/iFJm2euVHC
A report from @MattBelloni @PuckNews says MISSION: IMPOSSIBLE 8 budget has ballooned to "well over $300 million." This after MISSION: IMPOSSIBLE 7 "lost more than $200 million in its theatrical run. https://t.co/7LEhXdMLqi https://t.co/km2FLiPk9J
The potential $8 billion merger between CBS Sports parent Paramount and Skydance is off, leading to Paramount being in free fall with a massive $15B debt. Legal threats and shareholder dissatisfaction have plagued the failed deal, prompting speculation on potential suitors like Sony or Apollo stepping in.
