CNBC: Paramount+ on Max? Warner Bros. Discovery Eyes Acquisitions with Paramount As Possible Target
CNBC: Paramount+ on Max? Warner Bros. Discovery Eyes Acquisitions with Paramount As Possible Target
admin 2023/11/10 22:28CNBC reports that Warner Bros. Discovery is eyeing acquisitions of companies in distress, and one possible target could be Paramount Global.
The story notes that Paramount's market valuation is in decline, and controlling shareholder Shari Redstone is open to a deal for the right price. WBD is less likely than other possible suitors to face opposition from regulators, because unlike Comcast and Disney, it does not own a broadcast network.
Learn more: https://thestreamable.com/news/is-paramount-plus-on-max-coming-soon-speculation-rises-that-warner-bros-discovery-could-acquire-paramount
The story notes that Paramount's market valuation is in decline, and controlling shareholder Shari Redstone is open to a deal for the right price. WBD is less likely than other possible suitors to face opposition from regulators, because unlike Comcast and Disney, it does not own a broadcast network.
Learn more: https://thestreamable.com/news/is-paramount-plus-on-max-coming-soon-speculation-rises-that-warner-bros-discovery-could-acquire-paramount
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