The CEO of Gamco Investors, who owns shares of Viacom, said that Paramont and Sony might be talking about a possible merger within the next six to 12 months. Forbes has more:Viacom Inc's Paramount Pictures could merge with Sony Pictures, Universal Studios or another movie studio amid a wave of consolidation in the industry over the next few months, veteran investor Mario Gabelli said in the latest issue of Barron's. The chief executive of Gamco Investors Inc, who owns shares of Viacom ( VIA - news - people ), said he expects dealmaking among movie studios as they seek to cut costs. 'Today there are seven or eight motion-picture studios.
Sony And Paramount Might Merge To Form Mega Movie Making Robot Of Destruction.
Latino Review, Latino Review
Mon, 06/15/2009 - 3:22pm
Topics: ceo viacom inc's paramount pictures sony pictures universal studios mario gabelli barron's gamco investors inc today click here hmm mgm/sony sonymount parasony if paramount mount forbes gamco investors viacom sony universal mgm merge movie making months talk owns talking shares consolidation news costs
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