Paramount initially proposed to pay $30 per share, in an all-cash offer, which it said gave shareholders more certainty than Netflix's plan. However, it then increased its offer to $31 per share.
Sony's defense has been that allowing third parties to sell PlayStation content would bring on security and privacy risks for its users. The company also claims that the commission it makes from PlayStation Store sales covers the costs of its PlayStation consoles. Sony says PlayStation 5 prices, for example, result in low profit margins for the company.
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