Sony’s Tony Vinciquerra Says Paramount Talks Are “Still Progressing” Despite Skydance Sweetening Deal; CEO Hits ‘Bad Boys: Ride Or Die’ Premiere Red Carpet

HOLLYWOOD, CALIFORNIA – MAY 30: Tony Vinciquerra, Chairperson and CEO of Sony Pictures Entertainment, (L) and Will Smith goto the Los Angeles Premiere of Columbia Pictures’ “Bad Boys: Ride Or Die” at the TCL Chinese Theater on May 30, 2024 in Hollywood, California. (Photo by Eric Charbonneau/Getty Images for Sony Pictures) Getty

“It’s still advancing.”

That’s what Sony Pictures Entertainment CEO Tony Vinciquerra had to state about his studio’s talks with Paramount Global for a prospective merger. His remarks tonight at the Hollywood best for Sony’s Bad Boys: Ride or Die come on a day when Skydance has supposedly sweetened its offer for the Shari Redstone-run conglom. Aside from that, Vinciquerra couldn’t divulge any more updates since, alas, he’s under an NDA which Sony signed 2 weeks back. That provides them gainaccessto to Paramount Global’s books and permits offer talks to relocation ahead.

Deadline likewise asked Vinciquerra about exhibitors’ fears over a Sony-Paramount merger, and how that may lead to less item in a market that’s currently been vaporized by less titles since of double strikes and streaming’s effect on theatrical.

Vinciquerra’s words to theater owners, “They must not be stressed.”

Chairman and CEO Sony Pictures Entertainment Tony Vinciquerra on how the prospective merger would impact those in exhibit : “They needto not be anxious” pic.twitter.com/BfFsL1cw4e

— Deadline Hollyw