Milan-based technology company Bending Spoons has inked a deal to acquire AOL from Yahoo and private equity parent Apollo, saying it will position the historic web portal and email provider for its next phase of growth. The deal is expected to close by year end. Financial terms weren't…

Legendary Entertainment has completed a buyout of Wanda Group's remaining equity interest in a move CEO Josh Grode said ushers in a new era for the studio. Financial terms weren't disclosed but Legendary said it funded the transaction entirely from cash on its balance sheet for the deal led by…

For nearly two weeks it’s been crickets when it comes to the push and pull between Skydance and Sony Pictures Entertainment/Apollo over Paramount Global. However, making some noise during a Sony investor event tonight (tomorrow morning Tokyo time) was Sony Pictures Entertainment CEO Tony Vinciqu…

Sony has signed an NDA with Paramount Global, a move that will give it access to the books and allow deal talks to move ahead, Deadline hears. Sony and private equity giant Apollo kicked things off previously with a preliminary bid of $26 billion, but what’s being contemplated now is not that…

Should Sony and Apollo get their hooks into Paramount Global their strategy would be to keep theatrical release output steady between both studios –not reduced– while cutting the more burdensome parts of the conglom, read auctioning off CBS, the linear channels like MTV and Paramount Plus streaming…

Jeffrey Katzenberg is a man known for choosing his words very carefully most of the time, and tonight the WndrCo boss was pretty candid when it came to Donald Trump and Joe Biden. "I've known Donald Trump for 50 years," Katzenberg told a well-heeled West Hollywood crowd on Sunday of first…

Another big Hollywood name rooting for a Paramount-Skydance deal is Jeffrey Katzenberg, who says that outcome would be "a great win for Paramount and for people in the industry." Speaking a the Axios BFD Talks: LA this evening, the DreamWorks co-founder and former Walt Disney Studios head…

Partners Sony and Apollo have formally reached out to Paramount’s special board committee asking to discuss a potential $26 billion cash offer, Deadline has learned. It comes as Par’s exclusive negotiating window with David Ellison’s Skydance is set to expire. Paramount share are up more than…

Skydance and Paramount are deep into hashing out a complicated deal that would see the David Ellison's studio and its backers take control of the storied film and television company owned by Shari Redstone. The exclusive month-long negotiating period through May 3 is likely to be extended perhaps by…