Neither has been confirmed.ĭMG’s interest, which multiple sources have confirmed, in getting a chunk of a Hollywood studio comes as something of a surprise while much of the speculative attention has focused on the Chinese giants. Since then, speculation has been that Paramount has attracted interest from Chinese e-commerce giant Alibaba, and the very acquisitive Dalian Wanda Group. Viacom CEO Philippe Dauman told investors last month that the company had been “ approached by several potential strategic investors in Paramount” and is “pursuing a transaction with a strategic minority investor,” although he did not name the parties involved. The sale of what is believed to be a 40% stake in the Melrose Avenue studio is thought to be going for about $2 billion. EXCLUSIVE: Deadline has learned that Dan Mintz’s Beijing- and Los Angeles-based DMG Entertainment is one of the entities seeking to buy a piece of Paramount Pictures.
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