Sony $SONY and Apollo Group $APO are allegedly considering selling off Paramount Group’s $PARA CBS network and cable channels, which encompass popular brands like Nickelodeon and MTV, as part of their proposed $26 billion acquisition bid.
According to a report from The New York Times, the companies are also contemplating divesting the Paramount Plus streaming service.
Despite having intentions to retain Paramount’s extensive film and TV library along with rights to key characters, Sony and Apollo have yet to formally present this strategy to Paramount or its advisors.
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Editorial
Sony and Apollo Group’s Strategic Moves in Paramount Group Acquisition: Plans to Divest CBS Network, Nickelodeon, MTV, and Paramount Plus Streaming Service Revealed
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I’m Abhishek Sharma, an Advocate based in Delhi, entrepreneur, investor, and founder of BigBreakingWire. I am an enrolled Advocate with a strong interest in entrepreneurship, media, and technology. I founded BigBreakingWire, a digital news platform covering breaking news, business, financial markets, companies, and important developments in India and around the world. I also have a software company and take an active interest in technology, software, AI, digital products, and new business ideas. As an investor, I’m interested in discovering and investing in promising businesses and startups. I look for good ideas, strong founders, practical business models, and opportunities with long-term potential. I enjoy building businesses, learning about new industries, and connecting with people who are working on interesting ideas and opportunities. Advocate | Entrepreneur | Investor | Founder & Editor-in-Chief, BigBreakingWire
Last reviewed by Abhishek Sharma on August 31, 2026
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