The bankruptcy of Redbox’s parent company came after months of chaos, cash crunch, and corporate upheaval.
Hey, remember the guy who’s responsible for funding WeWork’s delusional business plan? Softbank CEO Masayoshi Son is really into AI and he’s aiming to flood the area with money. His clearest targets are Nvidia chips and energy startups.
Weeks after negotiations between Skydance and Paramount’s parent company, National Amusements, ended without a deal, the New York Times reports not only have they restarted, but “the two sides have reached a preliminary deal to create a new Hollywood giant.”
This follows a report from CNBC that Warner Bros. Discovery or Comcast could also be interested and Bloomberg saying Paramount might sell BET for $1.6 billion.
Updated: Added new reporting of a preliminary deal.
CEO Dan Gertsacov joins us for our July Fourth Big Green Episode.
