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Apple CFO Steps Down, Bronfman Drops Paramount Bid, Lilly’s New Form of Zepbound 8/27/24

Squawk on the Street

CHAPTER

Edgar Bronfman's Paramount Bid Withdrawal

This chapter examines Edgar Bronfman's exit from the Paramount bidding group after months of exploring investment opportunities. It discusses the challenges of securing financing amidst evolving consumer preferences in the streaming industry and the implications for the future of media investments.

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