Sony Abandons Paramount Acquisition: Strategic Misalignment and High Risks Prompt Decision

August 08, 2024 – Sony Group has officially ended its plans to acquire the film and television production giant Paramount Global, according to Hiroki Totoki, the President, Chief Operating Officer, and Chief Financial Officer of Sony Group. This announcement marks the conclusion of Sony’s potential acquisition of Paramount. Previously, there were reports that Sony, along…

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