The millionaire offer that shakes the owners of Chilevisión

Image: Reynaldo Coria

Movements continue in the United States with the eventual sale that would have paramountthe until now owners of Chilevision.

A few months ago the North American firm had received an offer from the skydance group Halffrom the television producer David Ellisonwhose negotiations are still in development.

However, another interested party emerged this week and it would be nothing more than the film giant Sony Pictures together with the investment company Apollo Global.

According to what was reported by the Wall Street Journal, Both companies together would have offered the sum of 26,000 million dollarsleaving 4 billion above what the company is currently valued on the stock market.

Although a couple of weeks ago Sony’s intentions regarding Paramount were announced, Just this week an offer letter was presentedsigned by the company’s CEO Tony Vinciquerra accompanied by Apollo’s partner, Aaron Sobel.

Given this information, the company’s shares have grown by 13% and those familiar with the subject explain to the aforementioned media that investors are in favor of carrying out the action; However, they clarify that if this were to happen there would be massive layoffs and changes in the industry, reducing it to only four competitors: Disney, Warner Bros. Discovery, Universal Pictures and Paramount.

It is necessary to indicate that this Friday will culminate the formal negotiation period between the current owners of Chilevisión and Skydance Media.

What else happened this week with the until now owners of Chilevisión?

This week has been one of movement at Paramount, since a few days ago the departure of Bob Bakish of the presidency of the multinational, after belonging to it for more than 20 years.

However, as detailed by the aforementioned media, his departure is due to the poor performance that the company had during his management. in addition to his rejection of the merger between Skydance Media and RedBird Capital.

 
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