Warner Bros. Discovery In Talks To Merge With Paramount Global
• The duo discussed ways their companies could complement one another. For example, each company's main streaming service — Paramount+ and Max — could merge to better rival Netflix and Disney+. • WBD could use its international distribution footprint to boost Paramount's franchises, while Paramount's children's programing assets could be essential to WBD's long-term streaming ambitions. • CBS News could be combined with CNN to create a global news powerhouse. CBS' crime dramas, such as "NCIS" and "Criminal Minds," could be combined with Investigation Discovery and TruTV. Paramount Global CEO Bob Bakish and WBD boss David Zaslav sat down on Tuesday at Paramount’s corporate headquarters in New York’s Times Square, a well-place source tells the media, “It was all rather preliminary,” the source said of the talks. Shari Redstone, CEO of Paramount’s controlling shareholder, National Amusements, “is on a bit of a listening tour to see w