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Paramount exploring sale of VidCon, AdWeek reports

Paramount is hoping to secure a strategic buyer for live event franchise VidCon and has hired Oaklins DeSilva+Phillips to explore a sale, AdWeek’s Mark Stenberg & Catherine Perloff report. According to a source familiar with the matter, VidCon is not a distressed asset, and the sale efforts come amid Paramount’s broader merger and sales efforts.

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