Sony and investment firm Apollo Management ... s son David—reached a tentative agreement to buy Shari Redstone’s controlling stake in Paramount. This is a developing story.

In a surprising turn of events, Sony has thrown its hat into the ring to acquire Paramount Pictures, one of Hollywood’s most iconic film studios. The move comes amid ongoing talks of possible ...

The Sony-Apollo offer was first reported by The Wall Street Journal. The Journal reported previously that Apollo had made an offer to buy Paramount on its own but Paramount's board had concerns ...