Warner Bros. Discovery Reportedly Ends Plans to Merge With Paramount





Back in December, the news broke that Warner Bros. Discovery and Paramount were in talks to merge. This included meetings with the two companies’ CEOs. Now CNBC is reporting that Warner Bros. Discovery is no longer pursuing a merger with Paramount.

Warner Bros. Discovery’s reasons for stopping talks with Paramount after several months of negotiations between the two companies is unknown. According to the report, people familiar with the matter said Warner Bros. Discovery is no longer pursuing the deal.

Other companies, including Skydance Media, are reportedly still in talks with Paramount to buy majority control of the company or merge with it.

Comcast has also said it was not interested in buying Paramount but is reportedly in talks for a joint streaming venture with them that could see Peacock and Paramount+ merge.

This came as Warner Bros. Discovery reported a rough 4th quarter of 2024 that dropped down its stock price. It is unknown if that had anything to do with the talks breaking up or if other factors like the price or terms of the deal became an issue.

This is breaking news. More is coming as it happens.

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