Warner Bros., one of the important names in the cinema industry. Discovery and Paramount Pictures came to the fore with remarkable news today. According to news, two important companies held a meeting to decide on a merger. Here are the details!
Warner Bros. Discovery and Paramount Pictures held merger talks!
Today, there was a development that significantly affected the cinema industry. Accordingly, Warner Bros. Discovery and Paramount Pictures held a meeting. The purpose of this meeting was to decide on the merger of the two companies.
An important claim was made recently. According to this claim, Warner Bros. Discovery CEO David Zaslac met with Paramount CEO Bob Bakish and Global owner Shari Redstone. Although this meeting was initially kept secret, the inside story was revealed.
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If two companies, which are well-established names in the cinema industry, decide to merge, a new media company will be established. On the other hand, Warner Bros. Discovery’s market value is $29 million. The market value of Paramount Pictures is close to 10 billion dollars.
In the event of this merger, the new company will compete with platforms such as Netflix and Disney. However, it is not possible to say anything clear about the merger decision in general. It is also claimed that information on the subject will become clear in the coming days.
So, what do you think about the merger of Warner Bros. Discovery and Paramount Pictures? Don’t forget to share your opinions with us in the comments section!
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