Warner Bros. Discovery and Paramount Global have had talks about a potential merger.
David Zaslav and Bob Bakish, the CEOs of Warner Bros. Discovery and Paramount Global, reportedly had a lunch meeting in New York on Tuesday (Dec. 19).
Both companies have declined to comment on reports of merger talks.
It’s reported that a potential reason for a merger would be for Max and Paramount+ to combine to compete more with Netflix, Disney+ and Hulu.
Do you think a Warner Bros. Discovery/Paramount Global merger could happen?
Warner Bros. Discovery and Paramount Global have held talks about a potential merger of the two media companies, Variety has confirmed.https://t.co/JphD2BbhHv pic.twitter.com/HGQGyM876J
— Variety (@Variety) December 20, 2023
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