Barry Diller Kicking Tires On Paramount Bid – Report

Media mogul Barry Diller is exploring a bid for Paramount, The New York Times reports. The digital media pioneer’s IAC has inked nondisclosure deals with Shari Redstone’s National Amusements, the company’s controlling stakeholder, the paper said.

Deadline is working to confirm the news.

The Times said the status of the Diller-Paramount talks is unclear.

Diller, who became head of Paramount Pictures a half-century ago at just 32 and once was outbid for the company by Sumner Redstone, is looking to take control of the company, which reportedly was close to a deal with David Ellison’s Skydance before those talks fell apart three weeks ago.

MORE TO COME…