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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.
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