Overview

• Sony and Apollo have withdrawn their $26 billion bid for Paramount due to regulatory concerns.
• Paramount Global has until August 21 to entertain other offers, with possible extensions if good-faith negotiations occur.
• Skydance's $8 billion offer includes restrictions on Paramount's ability to enter new streaming partnerships without approval.
• If Paramount opts for another offer, it must pay Skydance a $400 million termination fee.
• Potential suitors like Barry Diller and Edgar Bronfman Jr. remain interested in acquiring Paramount.