A Sony and Paramount's Merger Could Double Combined Global Box Office Gross from ivy assets Watch Video

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✓ Published: 10-May-2024
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Sony and Apollo's strategy in a merger with Paramount would be to keep theatrical release output steady between the studios at around 20 wide releases per year. The exhibition industry fears a merger could reduce output like Disney-Fox, but Sony/Apollo plans to compete with streamers through volume. TV and streaming assets like CBS, MTV, and Paramount+ would likely be auctioned off under a merger. Last year, Sony and Paramount grossed $2 billion each at the global box office, while a merger could see their combined output reach $4 billion.

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Sony and Apollo's strategy in a merger with Paramount would be to keep theatrical release output steady between the studios at around 20 wide releases per year. The exhibition industry fears a merger could reduce output like Disney-Fox, but Sony/Apollo plans to compete with streamers through volume. TV and streaming assets like CBS, MTV, and Paramount+ would likely be auctioned off under a merger. Last year, Sony and Paramount grossed $2 billion each at the global box office, while a merger could see their combined output reach $4 billion.
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The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun utilizing irrevocable trusts to protect their assets from spend-down in order to qualify for government benefits, such as Medicaid and VA Aid and Attendance.<br/><br/>Prior to the issuance of this ruling, it was unclear whether assets passing to beneficiaries through an irrevocable trust would receive a step-up in basis, thereby eliminating any capital gains taxes that would otherwise be owed. Historically, assets that are disposed of during an individual’s lifetime are subject to capital gains taxes on the increase in value of that asset over time. The amount of capital gains owed is determined largely by the difference between the value at the time of purchase and the value at the time of transfer.
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