Warner Bros. Discovery and Paramount Global Said To Be In Merger Talks

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Warner Bros. Discovery and Paramount Global have reportedly discussed the possibility of a merger, bringing together two massive libraries of content in the process.

In its current form, Warner Bros. Discovery is already the result of a merger of WarnerMedia and Discovery Inc. The two companies combined to create the new Warner Bros. Discovery entity in 2022. This also led to HBO Max becoming Max and receiving a very healthy dose of Discovery+ content.

Now, and according to a report by Axios citing “multiple sources” for the information, Warner Bros. Discovery’s David Zaslav and Paramount Global’s Bob Bakish met up this week at Paramount’s New York City headquarters. According to the report, the two CEOs discussed the possibility of a merger.

As to be expected, one of the topics of conversation, within the wider discussion of a merger, was the possibility of bringing Max and Paramount+ together into one service. The idea here being a combined service would be far better positioned to take on the likes of Disney+ and Netflix.

The report also details other additional possible outcomes of a merger, such as the combining of CBS News and CNN, as well as the combining of CBS Sports content with Turner Sports content. Considering both of these currently share March Madness rights, this would result in a single destination for all things March Madness.

While such a merger would open up all of these possibilities and more, it still remains unclear whether both or either company plans to move forward with a deal. Not to mention, it also remains unclear as to how a deal would work, including whether Warner Bros. Discovery would ultimately end up purchasing Paramount Global.

John Finn
John Finn

By John Finn

John Finn is the Founder and Editor of Streaming Better, a platform created in 2019 to help consumers navigate the complicated live TV streaming and subscription service market.

John has been covering technology for various online publications since 2014. After originally covering the wider tech industry as a writer and editor, John now spends his time focusing on the emerging video-streaming market, including live TV streaming, SVOD, AVOD, FAST, and TVOD services.

In a bid to keep up to date on the industry, John actively subscribes to multiple streaming services at the same time. However, John continues to advocate that the best approach for consumers is to rotate between streaming services as needed.

A Psychology graduate from England, who now lives in the US, John previously worked in the aviation industry as an airline reviewer. While reviewing airlines isn't quite the same as reviewing devices and streaming services, John brings the same analytical eye to all of his reviews and industry analysis, along with a special emphasis on what's best for the consumer.

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