We’ve learned that Warner Bros. Discovery may merge with Paramount Universal, ending a terrible year for the entertainment industry on a fitting note.
Axios shared this exclusive ahead of the Christmas holiday, outlining the relationship between Warner Bros. Discovery CEO David Zaslav (arguably one of the most hated rich people on the planet right now) and Paramount Worldwide chief Something executive Bob Bakish might have discussed.The resulting Frankenstein media giant could add to Paramount’s franchise due to WBD’s “international distribution footprint” and packaging There are more after finishing A streaming service that combines the offerings of Warner Bros. and Paramount.
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Of course, this is just the beginning of negotiations, which are likely to continue into 2024 regardless of the final outcome. It’s worth noting that “as of Wednesday, WBD’s market cap was about $29 billion, while Paramount’s was just over $10 billion.” This means the merger won’t be as simple as one might think. This merger will take us further into uncharted territory of abhorrent industry consolidation.
The entire Warner Bros. Discovery Channel saga has been nothing more than a shit show so far, resulting in movies and TV series being axed due to tax write-offs, and powerful franchises turning to rival streaming services to make a quick buck, when once The well-known HBO Max brand has also been axed. Becomes Max and has an identity crisis. However, the company is lucky to still have talented filmmakers like Greta Gerwig putting out good stuff under their banner.
Things aren’t looking that bright on the gaming front either, with Suicide Squad: Killing the Justice League marking the start of a commitment to focus on more (and bigger) live games based on WBD’s biggest IP, which is a bold statement when you even When a spiritual successor to the Batman: Arkham game couldn’t be found, and the live service bubble was already bursting everywhere.
But hey, comic book fans who make the brand their overall personality might end up getting a Batman x Teenage Mutant Ninja Turtles live-action movie or something.
