At the heart of the dispute: a new 10-year, $3 billion overall deal for Parker and Stone that would more than triple the valuation of the current deal that expires in 2027
"One possible factor in the negotiations: an $800 million loan that Park County took in 2023 from private equity firm the Carlyle Group. Parker and Stone could be squeezed for cash to repay roughly $80 million in interest per year, according to one person knowledgeable of the arrangement, who noted that Paramount may be open to paying more than $150 million annually in a new deal but not for 10 years."
Apparently they needed to refinance a 600 million loan from 2021.
"The loan would be made through Carlyle’s credit arm and would refinance an existing $600 million debt facility provided by HPS Investment Partners in 2021, according to the report."
https://www.hollywoodreporter.com/business/business-news/sou...
At the heart of the dispute: a new 10-year, $3 billion overall deal for Parker and Stone that would more than triple the valuation of the current deal that expires in 2027
Yeah. So that's not going to happen lol.