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Wells Fargo analysts have weighed in on the situation, pointing out the disproportionate voting rights held by National Amusements relative to their equity stake in Paramount. The financial institution’s ‘Mission Possible’ report issued an underweight rating with a $12 price target for Paramount’s shares. The analysis suggests that buyer interest is primarily in the studios sector, a sentiment that is reflected in the recent implementation of senior executive change of control packages at Paramount.
A potential deal could lead to significant restructuring within Paramount. If Skydance Media, considered a credible buyer, were to take control, it might result in merging studio assets, discontinuing the streaming service Paramout+, selling off Pluto TV, and parting with various television series shows.
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