Under a Paramount-WBD merger, two struggling media giants would unite
via arstechnica.com
Short excerpt below. Read at the original source.
Netflix has dropped out of the bidding war for Warner Bros. Discovery (WBD), making Paramount Skydance the expected owner of WBD. A Paramount-WBD merger remains subject to regulatory approval, but it’s likely that we will see a Paramount-Skydance-Warner-Bros.-Discovery media giant. Such a conglomerate would unite two legacy media companies that have struggled with profitability for […]