Sony Pictures (SONY) /private-equity company Apollo Global Management’s (APO) plan for the potential Paramount (PARA) acquisition would include its break-up, New York Times’ Benjamin Mullin and Lauren Hirsch report, citing people familiar with the matter. The report indicates that Paramount’s CBS broadcast network and cable channels like MTV and the Paramount Plus streaming service would be auctioned off, while Paramount Pictures would be combined with Sony Pictures.
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