Byron Allen Makes $14 Billion Offer for Paramount Global

Needham Entertainment Senior Analyst Laura Martin joins Caroline Hyde and Ed Ludlow to break down the latest in entertainment, with media mogul Byron Allen's multibillion-dollar takeover offer for Paramount Global and Disney activist investor Nelson Peltz's plans to bundle ESPN+ with Netflix. Plus, her take on Google's advertising business following earnings. She speaks on "Bloomberg Technology."
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[@davidriley1702]

Haven't seen Laura Martin in a while, since her take on the WWE

[@FASTO1]

Is this real? Anyone can offer to buy something. If the seller says yes, can the buyer buy it?

[@jirenthegray]

It's more complicated than that. Shari Redstone is represented by the Paramount board and M&A advisors on the best possible choice. They are exploring all the options independently from Shari. I pray that Byron Allen gets this deal. It would be the biggest upset in media and entertainment in the last 100 years. But the media has already chosen a buyer (by opinion) and is rallying behind David Ellison/Skydance Media as the likely suitor.

[@TheGreatOne428]

did she forget about Netflix?

[@manonamission2000]

"Comin' up nexxxxt"

[@devontektsellers]

Sorry company worth 44b at minimum 14 is spitting in someones face

[@jirenthegray]

Not really. The company's market cap is $9B. So, paying $14B is still a premium. But paying $30B is the holy grail! It rewards all shareholders and Shari Redstone.

[@user-cp6ug4fp6r]

Bitonot danso. Prodozuva 2035 godina. A i. Dozivotno. Kapitalom. USA@ namohnite baki