Viacom being pressured to sell Paramount

[pannoni1]

Paramount: An Alibaba Comapny

This isn't too similar to when Gulf + Western sold off its underperforming business divisions in the late 1980s and focused more on its entertainment unit. It just costs so much money to acquire a company with a history of films spanning over a century along with paying residuals and maintaining the portfolios.

That second article also cites how Transformers is doing well in China. Interestingly, Lionsgate (owner of the Fred Wolf cartoon) is also mentioned among the possible buyers.