Avatar: The Last Airbender

1272 readers

157 users here now

A community for all things related to Avatar: The Last Airbender, Legend of Korra, cartoon or live action TV, movies, comics, novels, etc.

Rules:

Be kind, regardless of nation or tribe
Credit artist(s) when possible
Post relevant content
No spoilers in title, mark spoilers
No spamming or trolling
Only relevant posts
Let people like what they like
Follow all Lemmy.world rules

Please report any rule violations.

founded 1 year ago

MODERATORS

ahimsabjorn

[email protected]

Paramount (Avatar IP owner) sale reopens, as Sony-Apollo swoops in (www.axios.com)

submitted 6 months ago by brucethemoose to c/avatar

3 comments fedilink hide all child comments

The article is a very fast read because it's Axios, but in a nutshell, either:

Skydance gets Paramount intact, but possibly with financial trouble and selling some IP.
Sony gets Paramount, but restructures the company and also possibly sells some parts.
Nothing happens... and Paramount continues its downward spiral, probably accelerated by a failed sale.

The can of worms opened today, as now Paramount is officially open to a buyout from sony.

I don't like this at all. Avatar is a high budget IP, animesque fantasy, and not historically, proveably profitable like Star Trek/Spongebob. Avatar Studios is a real candidate to be chopped off.

you are viewing a single comment's thread
view the rest of the comments

[–] brucethemoose 2 points 6 months ago

Redstone family business that controls 80% of Paramount's voting power...

That and the red clothes are giving me a fire lord vibe, lol.