Sony Pictures and private equity firm interested in buying Paramount for $26 billion, AP source says

Cheering fans in front of a wall of entertainment images.

Sony Pictures and Apollo Global Management have expressed interest in buying Paramount Global for $26 billion. That's according to a person familiar with the details. Sony would be the majority shareholder and Apollo would have a minority stake, according to the person, who requested anonymity because details of the offer have not been made public. The Sony-Apollo offer was first reported by The Wall Street Journal.