15 Jun 2009
A Possible Merger, Paramount with Sony Pictures
veteran investor Mario Gabelli said in the latest issue of Barron's that Viacom Inc's Paramount Pictures could merge with Sony Pictures, Universal Studios or another movie studio over the next few months. Apparently the merger is because of the costs of financing, prints and advertising. For some people it is going to be a good news and for some, perhaps people working for these studios might be a sign for starting to update their resume and look for a job since any merger has a possible down sizing. Of course it is just a speculation but any wise guy would take it seriously and take action before it is too late. Share
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