Paramount Auction: DMG Emerges As Surprise Suitor
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. 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. Viacom CEO Philippe Dauman told investors last month that the company had been …
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