Wednesday, December 20, 2023

Warner Bros. Discovery in talks to merge with Paramount Global

Warner Bros. Discovery CEO David Zaslav met with Paramount Global CEO Bob Bakish on Tuesday in New York City to discuss a possible merger, Axios has learned from multiple sources.

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Axios


Knott's News: Ummm...so Warner Bros has a licensing agreement with Six Flags, which will be extended to Cedar Fair after their merger, buuuttt the question becomes whether that will then extend Paramount Global assets to the parks (Star Trek, Nickelodeon, Ninja Turtles, etc.)? That would be some serious IP to leverage and an interesting return for the former Paramount Parks. All speculation at this point that wouldn't affect Knott's but something to think about.

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