Its three co-CEOs confirmed as much Tuesday ata company town hall with staff.
Lots of things are being explored.
Apollo, whichpartnered with Sonyon a possible deal, was interested in the acquisition as a real estate play.
The Paramount Pictures lot in Los AngelesDavid McNew/Getty Images
Paramount owns 13 TV stations not affiliated with CBS.
Other assets on the table include BET, which Paramount tried unloading a few times already.
Theres no decision yet on free, ad-supported streamer Pluto TV.
A partner for Paramount+ may be in the cards.
One option brought up at todays Town Hall is a long-term relationship with a leading tech platform.
None of the layoffs will be directed at those in content, which remains king for the company.
However, its unlikely anything will happen before the presidential election in November, myriad sources tell us.
