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The merger of the two Hollywood movie giants? Sources say Warner Brothers Discovery and Paramount are in talks.

2024-04-22 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)12/24 Report--

Thanks to CTOnews.com netizen Brother Black fly's left hand and Coje_He 's clue delivery! CTOnews.com, December 21 (Xinhua)-- Warner Bros. Discovery and Paramount are in talks about a merger, and the two Hollywood studios are expected to form a larger "giant", Axios reported.

It is reported that Warner Bros. Discovery CEO David Zaslav met with Paramount CEO Bob Bakish to discuss a potential deal to merge the two industry giants. The potential deal could lead to the eventual merger of streaming services Max and Paramount+ and add some large franchises to Warner Brothers Discovery Channel's portfolio, including Star Trek.

Foreign media IGN also confirmed Axios's report.

Axios also said that the meeting between Zaslav and Bakish at Paramount headquarters lasted "several hours" and that they were said to be discussing how Paramount+ and Max could compete with Disney and Netflix.

Warner Bros. completed a $43 billion merger with Discovery in April 2022, resulting in a merger of Discovery Plus and HBO Max into a single platform, and now there are news of the merger.

Warner Bros. Discovery includes Warner Bros. movies, DC Pictures, streaming HBO Max, HBO, CNN and Discovery Channel, and owns the IP of Game of Thrones, Harry Potter, DC Hero movies and Discovery Channel documentaries.

Founded in May 1912, Paramount Pictures (Paramount Pictures) is an American film production and distribution company known for its symbol of stars surrounding snow-capped mountains. It owns IP such as "Godfather", "weekend Night craze", "Raiders of Treasures", "Forrest Gump" and "Transformers".

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