Paramount’s merger: all the news on the drawn-out takeover drama
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Warner Bros. Discovery and Paramount have reportedly hit pause on merger talks.
Warner Bros. Discovery has stopped pursuing an acquisition of Paramount, sources tell CNBC. However, other potential buyers are reportedly still exploring a deal to acquire Paramount, including the production company Skydance Media and media mogul Byron Allen.
Although Comcast isn’t interested in buying Paramount Global, CNBC reports that the company is still looking into a partnership with the brand, which could involve bundling or merging streaming services.
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