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 …
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.
The Hollywood Reporter seems to think that hope is misplaced:
Damn, that sucks