Sony May Acquire Sonic Movie, Halo TV Show Owner Paramount

Sony Pictures Entertainment is reportedly teaming up with funding agency Apollo World Administration to amass media big, Paramount. In line with The New York Instances, Sony has but to formally submit a bid as Paramount is completely in talks with Skydance for a deal, however traders are “significantly” pushing again on a possible cope with Skydance, leaving the door open for different firms.

NYT claims that Apollo beforehand tried to buy Paramount however there have been issues over the corporate’s funds. A joint bid with Sony will tackle these issues. One of many methods each firms might proceed is for Sony to develop into majority proprietor whereas Apollo holds a minority stake. NYT provides that it’s solely attainable that Sony is not going to find yourself making a bid in any respect.

With relevance to gaming, Paramount is behind the Sonic movie franchise, Knuckles TV show, and Halo TV collection, amongst others. If the aforementioned deal goes via, bringing Paramount beneath the Sony Photos umbrella will assist the corporate broaden its cross-media efforts which have lately seen its gaming properties get the Hollywood therapy. Sony Photos and Sony Interactive Entertainment have been more and more working collectively, producing content material beneath the PlayStation Productions label.

NYT didn’t say when Sony is anticipated to make a bid, if it decides to go forward with one.

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