We are so cooked
Zaslav has gotta be stopped
Bruh WB so down bad
Warner Bros. Discovery CEO David Zaslav met with Paramount Global CEO Bob Bakish on Tuesday in New York City to discuss a possible merger, Axios has learned from multiple sources.
Zaslav also has spoken to Shari Redstone, who owns Paramount's parent company, about a deal. WBD's market value was around $29 billion as of Wednesday, while Paramount's was just over $10 billion, so any merger would not be of equals.
The meeting between Zaslav and Bakish, which sources say lasted several hours, took place at Paramount's headquarters in Times Square.
The duo discussed ways their companies could compliment one another. For example, each company's main streaming service β Paramount+ and Max β could merge to better rival Netflix and Disney+.
It's unclear whether WBD would buy Paramount Global or its parent company, National Amusements Inc. (NAI), but a source familiar with the situation says that both options are on the table.
WBD is said to have hired bankers to explore the deal.
WB
Itβs legitimately joever
oh its a merger not a buyout
doubt congress or Disney lets this happen tho
warner should just take a breather tbh. they had suuuuch a good year (outside of anything dc related) pretty much every movie was a success
Media and Music is absolutely f***ed.
Media and Music is absolutely f***ed.
it seems like both industries are about to hit a hard reset soon
nothing about the way either one is operating is viable in the long term.
I thought Universal was gonna swoop in ngl
oh they definitely next. wouldn't be surprised if they join this merger
oh they definitely next. wouldn't be surprised if they join this merger
That DEFINITELY not clearing Congress lmao
A merger between 2? Maybe
3???? Might be a step too far
it seems like both industries are about to hit a hard reset soon
nothing about the way either one is operating is viable in the long term.
streaming seemed like the wave earlier but no one is doing well.
This is terrible news tho lmao
Having one streaming platform would be fire tho ngl
HBO and showtime owned by the same people
This is terrible news tho lmao
Ngl it doesn't matter anymore man
WB
SpongeBob and Bugs Bunny at the same place is hilarious
SpongeBob and Bugs Bunny at the same place is hilarious
Funny enough Paramount just made a bid to them for a coyote vs acme movie last week