The $11 billion bid comes as an independent committee of directors of the Hollywood-based company controlled by Shari Redstone is reviewing another offer from Skydance Media, based in Santa Monica, to merge with Paramount.
The studio, known for its entrance gate and New York street backlot, has 30 soundstages that have produced movies from Wings, winner of the first Academy Award for Best Picture, to Top Gun: Maverick.
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