Edgar Bronfman Jr has dropped a $6 billion (€5.3bn) bid for Paramount, leaving the way clear for the Skydance offer. “It was a privilege to have the opportunity to participate,” Bronfman said. “While there may have been differences, we believe that everyone involved in the sale process is united in the belief that Paramount’s best […]

Edgar Bronfman Jr has raised up to $5.5 billion (€4.9bn) to boost his last gasp offer for Paramount and gatecrash the agreed deal with Skydance Media, reports FT. Bronfman tabled an initial $4.3 billion bid on August 19th – the deadline for the expiration of Paramount’s 45-day ‘go shop’ period. But the former Warner Music […]

It seems a bit unkind to refer to players in their 40s, 60s and 70s as nepo babies but, as they say in Hollywood: “whatever”. Is it just a coincidence that a third nepo has joined the fray – the never-ending fray – over who will win control of Paramount? Edgar Bronfman Jr – scion […]