Edgar Bronfman Drops Paramount Bid

Bronfman initially submitted a roughly $4.3 billion bid last week, and later raised the figure to $6 billiion.

The Hollywood Reporter

@hollywoodreporter

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@zora

And once again Edgar Bronfman Jr. shows why many consider him a dilettante.

But will Ellison and Skydance be any better?

Well, at least it may give Sheri Redstone and her board a clear path to an exit strategy…