Cynthia Littleton Business Editor Here we go again? Warner Bros. Discovery is flirting with the idea of acquiring Paramount Global.
If a deal involving the Redstone empire comes to fruition, it would mark another transformative mega-merger for Hollywood legacy brands, following on the heels of Disney’s acquisition of 21st Century Fox in 2019, AT&T’s difficult marriage with Time Warner in 2018 and the subsequent Discovery-WarnerMedia tie-up that closed in April 2022.
Sources caution that conversations are in the earliest of early stages – following a lunch meeting this week between WB Discovery CEO David Zaslav and Paramount Global’s Bob Bakish.
There’s no certainty that a deal will come to fruition, of course, especially as Paramount Global and its parent holding company National Amusements Inc.
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