Paramount days may be numbered, Barron’s says

Paramount (PARA) is being courted by private equity-backed suitors, Kenneth G. Pringle writes in this week’s edition of Barron’s. Any deal must satisfy the demands of Shari Redstone, Paramount’s controlling shareholder, who just torpedoed a bid by David Ellison’s Skydance Media with KKR (KKR) and RedBird Capital. Suitors still see plenty of value in Paramount, the last major filmmaker still physically located in Hollywood. In addition to the movie studio and catalog, Paramount owns CBS, MTV, and Nickelodeon, the author notes. Paramount is again beleaguered and deeply in debt and it needs a savior, or the end may come for it, the publication adds.