Merger Meeting?: WBD’s David Zaslav and Paramount Global’s Bob Bakish Sit Down To Talk Possible Deal, “Preliminary” Says Source
Merger Meeting?: WBD’s David Zaslav and Paramount Global’s Bob Bakish Sit Down To Talk Possible Deal, “Preliminary” Says Source
Deadline has confirmed that Warner Bros Discovery and Paramount Global have held talks on a possible merger. Paramount Global CEO Bob Bakish and WBD boss David Zaslav sat down on December 19 …
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There is no possible way this gets past antitrust... right? right‽
I mean, Disney was able to acquire 20th Century Fox without too much trouble...
The current head of the FTC is bringing the first anti-trust case in many years. She's launched cases against Google, and Amazon so far, and is investigating Facebook. That gives me some hope.
The Hollywood Reporter seems to think that hope is misplaced:
Such a deal would likely attract less regulatory scrutiny than other potential mergers, with WBD lacking any domestic broadcast network, and with mostly synergistic businesses. The biggest source of friction would likely be combining the two legacy film and TV studios.
Damn, that sucks