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Sony Officially Says It Won’t Bid for Paramount Global to Counter Skydance Deal

By Todd Spangler Aug 7, 2024 | 8:45 AM

Sony is not interested in making a new offer for Paramount Global that would challenge Paramount’s deal to merge with Skydance Media, a top exec for the Japanese conglomerate said. On its quarterly earnings call Wednesday, Sony Group president, COO and CFO Hiroki Totoki was asked whether the company would mount a new bid for […]