Warner Bros. and Paramount Universal Explore Potential Merger! CEOs Meet for Talks
2023-12-21
According to Hollywood Watch, Warner Bros. and Paramount Universal are poised for potential merger discussions. CEOs David Zaslav and Bob Bakish met on Tuesday in New York to discuss possible merger details. Currently, the merger talks are in the early stages.
Reportedly, Warner Bros. is valued at approximately $29 billion, while Paramount Universal's valuation just surpassed $10 billion. This potential deal may lead to the eventual merger of Max and Paramount+ streaming services, and Warner's portfolio will also see an influx of diverse IPs, including "Star Trek."
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