Paramount pictures to merge with SONY

[FilaBrasileiro]

ssj12 said:

metalmonstar said:
Sony should be doing the opposite of adding. I think this is rather foolish, especially right now. Sony should be managing its resources, cutting off dead weight, and figuring out how to get back its lost marketshare in each industry.

Adding Paramount's line up to Sony's will pretty much put Sony on top of the movie industry. There is no lose in this merger. Sony is bound to increase the company's networth while making billions more in box office and movie sales.

Well right now WB is so far ahead of everybody else that a merger like this would be necessary to overtake it IMO.
Another thing is MGM cost $5 billion in 2004, Paramout would cost significantly more than that today, there's no way this is not just a new venture.