Paramount had stated that if their acquisition of Warner Bros. Discovery is successful both companies would continue operate independently think of DreamWorks Animation and Illumination. Although, no merger plans are underway that doesn't exclude the possibility of reductions.
MTV will be shutting down its music channels by the end of 2025 across the world alongside various other channels. Paramount is undergoing a restructure and wants to align their remaining brands to streaming and Warner Bros. Discovery will follow in this pursuit.
Paramount intends to merge it's 79 million subscribers on Paramount+ with that of 128 million from HBO Max. This would give them 209 million subscribers and their rival Disney+ would fall short at 195 following its merger with Hulu.
Rather than scale back on spending in the event of an acquisition, Paramount wants to increase content spend with its buyout of Warner Bros. Discovery. With over 200 million subscribers, that is very much possible in such a scenario think of Netflix and how much content it offers in a year.
The issues pertaining to the buyout is a difference in narratives if Warner Bros. Discovery had diversity initiatives that is likely to get phased out. Prior to the Paramount takeover, Skydance didn't offer such and never intended to do so same could be awaiting this buyout.
As for creative teams, Paramount wants to continue to keep those separate but it's less likely that the number of employees would remain the same in such a transaction. If there's an underperforming studio, that is most definitely expected to shut down.
Lastly cable networks, as reported Paramount will be closing several channels before the year ends most of which were regional. Warner Bros. Discovery is a company which carries a lot of cable networks mainly from Discovery Inc. with others viewed internationally.
Paramount could opt to retain Discovery Channel, HGTV and Cartoon Network as these brands have global appeal. Perhaps phase out underperforming/niche brands like Travel Channel alongside regional ones like TNT and Real Time.
What remains clear here in Warner Bros. Discovery's pursuit of a potential buyer with Comcast, Netflix and Paramount being eyed. HBO Max could be consolidated under another rival platform and also massive layoffs await whatever is left of the company.
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