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We have witnessed some of the most important studio mergers recently. Following Warner Bros’ merger with Discovery and Disney’s acquisition of 20th Century Fox, the reported Sony-Paramount deal is the latest topic of discussion in the town. Sony Pictures has reportedly joined hands with the private equity firm Apollo and made an all-cash offer of $26 billion to buy Paramount.

Skydance Media has also been involved in a deal with Paramount for some time now. Currently, the former is waiting to hear from Paramount Global’s Special Committee. Despite their negotiation window ending on May 3rd, the parties can mutually extend the deadline.
The reported deal between Sony and Paramount can change the entire moviescape. The latter owns some major IPs that will come under Sony’s umbrella if the deal goes through. The fans took over the internet to discuss the massive crossovers that can be witnessed if the potential deal gets pulled off.

What do we know about the Sony-Paramount deal?
The Wall Street Journalreported that Sony Pictures and Apollo Global Management have also entered the race to buy the house ofTransformersfor $26 billion. According toVariety, the controlling shareholder of Paramount Global, Shari Redstone had recently rejected the $11 billion offer for Paramount Pictures film studio from Apollo and Legendary Entertainment.
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It looks like Redstone is still interested in looking more into the deal with Skydance Media. However, if the reported offer by Sony Pictures and Apollo is a success, it can have a major impact on Hollywood. It will decrease the number of major Hollywood studios from five to four. According to the joint nonbinding offer, Sony Pictures will be the major shareholder of the two.
Sony Pictures can benefit greatly from this potential deal as they will have their hands on major IPs likeMission ImpossibleandTransformers.If Paramount+ comes under the Sony umbrella, the latter would also get its streaming platform. Sony Pictures is the only major studio not to have a streaming platform yet.

The Wall Street Journal added that the offer letter submitted this week is signed by Sony Pictures CEO Tony Vinciquerra and Apollo partner Aaron Sobel. However, even before the offer is complete, the fans have gone crazy to think how the deal can bring major IPs together.
Universes will collide if the Sony-Paramount deal is done
Paramount owns some of the most fan-favorite IPs likeMission Impossible,Transformers,Top Gun,Sonic the Hedgehogmovies, andYellowstone. On the other hand, Sony Pictures also has rights to some iconic IPs likeSpider-Man. The fans predict crazy massive crossovers in the future if the deal is pulled off.
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Some fans have taken over X to keep forward their hilarious and insane theories if the universes collide. Let’s take a look:
I guess we will have a Spider-Man Transformers cross over.
— BullsKickAss (@Bullskickass)August 22, 2025
Sony owning Mission Impossible franchise 👀

— Matey🔺 (@wowMatey)August 23, 2025
Madame Web, we need you to distract Unicron.
— Whimsy (@SparkingClouds)June 24, 2025
“Nickelodeon, a Sony Pictures Company”, was not on my 2024 bingo card

— Javon Evans (@javonevansx)August 18, 2025
We about to get Transformers playstation game
— Dilir Ibne Hasan (@DilirIbne)June 03, 2025
It is tough to say in which direction Paramount will go and if the theories can be a possibility someday. However, they are expected to make a decision soon as they are also facing certain problems internally. Recently, the veteran Bob Bakish also stepped down as the company’s CEO, surprising a lot of Hollywood enthusiasts. It will be exciting to see if Spider-Man indeed meets with Optimus Prime someday.
Subham Mandal
Senior Writer
Articles Published :1461
Subham Mandal is currently working as a content writer for FandomWire with an ardent interest in the world of pop culture. He has written more than 1000 articles on different spheres of modern pop culture and is currently pursuing a Bachelor of Arts degree in English. He’s also an experienced student journalist having demonstrated work experience with the Times of India. He aspires to be a column writer in the future.