The Sony-Apollo deal has garnered a lot of media scrutiny as insiders report a possible dismemberment of their linear portfolio. With Paramount Studios being merged onto Sony Pictures Television current offering and studio lots auctioned off.
Skydance Media proposal is said to be favorable because unlike Sony-Apollo they wouldn't go through any regulatory hurdles for foreign ownership. Their plan would be to merge their operations with Paramount Global of course the finer details haven't been outlined.
From what several sources uncovered, Skydance Media is planning to merge/bundle Paramount+ with another streaming service. It is no secret that Netflix and Disney+ have been edging out the competition so it's likely they're looking after Paramount’s interests.
Skydance Media has worked with Paramount Global on several projects such as Mission: Impossible, Transformers, Top Gun, Jack Reacher and Star Trek.
If anything, we presume a possible merger between Skydance Media and Paramount Global could lead to a reduction of content or at least for its linear portfolio. As mentioned, Skydance wants to merge Paramount+ with another streaming service.
On top of that they've got several projects in development and with Paramount Pictures they'll expand on that. Prior to acquisition talks, Netflix had licensed various content from Nickelodeon like Saving Bikini Bottoms: The Sandy Cheeks Movie and Fairly OddParents: A New Wish.
Although Sony-Apollo would lead to the purging of TV channels outside of regulatory confinement. These channels could lose credibility under Skydance Media and serve as second fiddle to the endeavors licensed to Netflix or even Apple TV+.
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