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ENTERTAINMENT EARTHQUAKE

Merger Meeting Held Between Warner Bros. Discovery and Paramount: Reports

Warner Bros. Discovery and Paramount’s respective CEOs reportedly met this week to discuss the possibility of a deal.

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Reuters

Two of the entertainment industry’s largest companies, Warner Bros. Discovery and Paramount, are reportedly entertaining merger talks. The companies’ respective CEOs met this week to discuss the possibility of a deal, a source told The Hollywood Reporter—though they stressed that it was “very, very early” in the discussions. Axios also reported that WBD has hired bankers to explore a possible deal.

Read it at The Hollywood Reporter

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