Paramount Stake Attracts Interest from Three Dozen Companies

Three dozen companies have expressed an interest in buying the minority stake in Paramount Pictures that its parent Viacom intends to sell, Viacom chief executive Philippe Dauman said Thursday in an interview with the Wall Street Journal. Dauman said the intention was to seek a strategic partner for Paramount that could help its international and digital businesses, rather than a purely financial investor, such as a private equity firm.

Source: Paramount Stake Attracts Interest from Three Dozen Companies | Variety