Posted 2/27/2024, 5:12:00 PM
Warner Bros. Discovery and Paramount Merger Talks Stall Out After Exploring Mega Media Deal
- Talks between Warner Bros. Discovery and Paramount on a possible merger have stalled out.
- The two media giants had been discussing a possible deal to combine forces late last year.
- A merger would have marked one of the largest media consolidations, joining major brands owned by both.
- Media mogul Byron Allen also bid $14 billion to try to acquire Paramount.
- Warner Bros. and Discovery had merged in 2022 to form Warner Bros. Discovery.