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Warner Bros Discovery and Paramount in possible merger talks
[Warner Bros Discovery and Paramount Global
are in early talks to merge, according to multiple media reports. The deal would see the owner of HBO channels and CNN team up with the studio behind the Mission Impossible films and CBS News. Warner chief executive David Zaslav and Paramount chief Bob Bakish discussed a possible deal over lunch in New York this week, as first reported by Axios. Talks are at an early stage and a deal may not happen, sources told the FT. The deal would bring together two of Hollywood's "Big Five" studios, with Warner and Paramount's combined market value standing at $38bn (£30bn).] https://www.bbc.co.uk/news/business-67782869 |
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