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Feb

24

Viacom Says It Will Sell a Stake in Paramount

By Tony Seruga

“Zoolander 2,” which stars Ben Stiller, left, and Owen Wilson, flopped, apparently because of poor scheduling against “Deadpool.” CreditWilson Webb/Paramount Pictures

Viacom announced on Tuesday that it was pursuing a deal to sell a minority stake in its Paramount Pictures film and television studio after being approached by several strategic investors.

Several details about the potential transaction — including the identity of the investors, the deal’s value and how a new partner would affect the studio’s operations — remain unclear. An agreement is expected by the end of June…

Viacom Says It Will Sell a Stake in Paramount

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