Apollo Offers $11B for Paramount Studios, But Redstone Wants to Sell Whole Company to Merge with Skydance

Private equity firm Apollo Global has reportedly offered $11B for Paramount's studios, but owner Shari Redstone prefers selling the whole company.

Paramount Global has 3 segments filmed entertainment, TV media, and direct-to-consumer streaming.

Film includes studios like Paramount Pictures and Miramax. TV includes networks like CBS and MTV. Streaming includes Paramount+ and Pluto TV.

If sold in pieces, the TV media and streaming assets may be "hollow" without the studios providing content.

Redstone prefers negotiating with David Ellison to merge his Skydance studio with all of Paramount Global.