Paramount stake up for sale by Viacom

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Paramount Pictures stake to be sold by Viacom

Image caption Sumner Redstone, 92, was recently replaced as Viacom chairman by Philippe Dauman

Viacom is planning to sell a "significant" minority stake in its film and television studio Paramount Pictures.

The company had been approached by several investors, said chief executive Philippe Dauman, and would be holding talks with some investors.

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