The article is a very fast read because it’s Axios, but in a nutshell, either:
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Skydance gets Paramount intact, but possibly with financial trouble and selling some IP.
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Sony gets Paramount, but restructures the company and also possibly sells some parts.
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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.
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.
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?
Redstone family business that controls 80% of Paramount’s voting power…
That and the red clothes are giving me a fire lord vibe, lol.
