The talks include merging streaming services Paramount+ and Max to dominate the competitive streaming market, sources said. Considering the cost of Warner Bros. With Discovery valued at around $29 billion and Paramount Global valued at just over $10 billion, any merger would be far from an even match. Insiders suggest the merger could lead to significant synergies by leveraging Warner Bros.’ international distribution reach. Discovery and Paramount’s lucrative franchises.
The deal could even lead to the birth of a global newsroom by combining CBS News and CNN.
Although negotiations are still in their early stages, the potential merger could redefine the future of the entertainment and news industry.
Source: Ferra
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