June 17, 2025 The Best Source of News, Culture, Lifestyle for Culver City, Mar Vista, Del Rey, Palms and West Los Angeles

Sony Eyes Purchase of Paramount Global and Selling Iconic Hollywood Lot

Potential Acquisition Could Reshape Entertainment Landscape

There are reports that Sony Group Corporation is considering purchasing Paramount Global which would include the iconic Paramount Pictures lot in Los Angeles, as reported by Bloomberg News. This could happen if Sony’s bid to acquire the studio’s parent company proves successful, according to Bloomberg’s sources. 

Sony, the huge electronics company and entertainment conglomerate from Japan, already owns the Sony Lot in Culver City. Paramount’s IP-rich status as a studio is what is attracting Sony as a buyer according to an anonymous source. 

Apollo Global Management Inc., owner of CBS, MTV, and Nickelodeon, would be Sony’s partner in this sale. A sale would not mean the end of Paramount, as the buyers reportedly wish to add Paramount Pictures as an entity within Sony, but have plans to sell the fabled Paramount lot, its streaming services, and television assets, according to the New York Times. Sony and Apollo have not responded to inquiries for comment. 

However, that is not the only potential interested buyer of Paramount Global. David Ellison, of Skydance Media, was in talks, which have recently expired, to purchase the majority of the stock held by the Redstone family and merge Paramount Global with his company. It is not yet clear if Ellison will continue to pursue the purchase of the studio.

Related Posts

(Video) Home Front Build Maintains Original Architectural Vision For Modern Homes

June 16, 2025

June 16, 2025

For More Information, Go to homefrontbuild.com For More Information, Go to https://t.co/09lHZipJnM pic.twitter.com/2GrcD7UJVi — Westside Today (@WestsideLAToday) June 16, 2025

Culver City ‘No Kings’ Protesters Rally Peacefully Against ICE Raids, Trump Policies

June 15, 2025

June 15, 2025

Demonstration Draws Large Crowd, Spans Several Blocks Without Police Presence There was a large and peaceful protest in Culver City...

Americans Split on Immigration and Tariffs’ Impact on Housing Affordability, Survey Shows

June 15, 2025

June 15, 2025

Survey Finds Over Half Believe Less Immigration Could Drive Up Home Prices  A new Redfin-commissioned survey reveals that U.S. homeowners...

Two Suspects Arrested in Fatal Stabbing of Elderly Man in Hancock Park

June 15, 2025

June 15, 2025

LAPD and FBI Apprehend Palmdale Pair Accused of Killing 84-Year-Old LAPD West Bureau Homicide has arrested two suspects in connection...

Senator Alex Padilla Forcibly Removed, Handcuffed at DHS Press Briefing in Los Angeles

June 13, 2025

June 13, 2025

Security or Censorship? Padilla Removed After Questioning Secretary Kristi Noem U.S. Sen. Alex Padilla, D-Calif., was forcibly removed Thursday during...

Get Involved in Culver City’s Ballona Creek Beautification This Weekend

June 13, 2025

June 13, 2025

Volunteers Invited to for a Hands-on Environmental Restoration Local organizations are calling on community members to lend a hand in...

Federal Court Halts Order Requiring Trump to Return Control of California Guard to Governor Newsom

June 13, 2025

June 13, 2025

Court Showdown Looms Over Trump’s Federalization of State Troops Late Thursday, a federal appeals court paused enforcement of a lower...

‘No Kings: National Day of Defiance’ Protest in LA to Run Counter to Donald Trump’s Birthday Military Parade

June 13, 2025

June 13, 2025

Giant Trump Balloons, Pride Flags, and Community Speakers Will Fill the Streets on Flag Day Thousands of demonstrators are expected...

(Video) Senator Alex Padilla Being Forcibly Removed at Secretary Kristi Noem’s DHS Press Conference for Attempting to Ask Questions

June 12, 2025

June 12, 2025

In a disturbing and unprecedented move, FBI agents grabbed the sitting California Senator, dragged him out of the room, and...

Chagee Now Open in Century City, Emily Ratajkowski Attends Opening Ceremony

June 12, 2025

June 12, 2025

Global Tea Powerhouse Opens Its First U.S. Location at Westfield Century City Model and actress Emily Ratajkowski joined Chagee for a ribbon-cutting...

Chefs Susan Feniger and Mary Sue Milliken Serve Up Pride Month Specials That Give Back

June 12, 2025

June 12, 2025

Limited-Time Food, Cocktail Offerings at Socalo and Alice B. Support LGBTQ+ Centers In honor of Pride Month, acclaimed chefs Susan...

(Video) Crustacean’s Little C Pop-Up in Beverly Hills

June 12, 2025

June 12, 2025

Amazing Phở, especially the chicken. Vietnamese street food with the Crustacean flair. Amazing Phở, especially the chicken. Vietnamese street food...

World-Class Chefs and Local Farms Bring Culinary Magic to Santa Monica This June

June 12, 2025

June 12, 2025

3 Nights, 3 Unforgettable Dinners: Santa Monica’s Michelin + Farm Feast Series A trio of exclusive culinary events is set...

Immigrant Opened Her Doors to Injured Deputies and Demonstrators Offering Water, Aid, and Compassion

June 12, 2025

June 12, 2025

Salvadoran Restaurant Becomes Unexpected Refuge During L.A. Immigration Protest As immigration protests swept through parts of Los Angeles County over...

Mastro’s Malibu Reopens With Ocean Views, Signature Steaks, and Nearly Entire Staff Intact

June 11, 2025

June 11, 2025

Iconic Oceanfront Steakhouse Returns With Its Beloved Butter Cake, Nightly Live Music, and Sunset Glamour After a five-month closure due...