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Paramount’s Path, Space Walk Evolution, & Zuckerberg’s Letter 08/27/24

Squawk Pod

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High Stakes Bidding for Paramount

This chapter examines the complexities of Skydance's bid for Paramount amidst a competitive landscape dominated by heavy-hitters. It discusses the significant challenges faced during the bidding process, including confidentiality issues and investor sentiment regarding media valuations. The conversation also highlights the long-term strategic goals of a new CEO in creating a rival streaming service and the potential legal implications of the bidding process.

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