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According to the Wall Street Journal, the Paramount Skydance Warner Bros. is preparing a bid to buy Discovery.
A Report Published on Thursday, cited sources that told The Journal that the Paramount Skydance, which had passed through his own merger last month and now under the leadership of David Alison, is demanding to acquire the movie studio and cable network run by one of the top rivals of the company.
If complete, the deal will mark the biggest merger of two heritage Hollywood studios under a corporate umbrella.
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The Paramount Skydance is allegedly preparing the acquisition of Warner Brothers Discovery in a merger that will rock the entertainment and media scenario. (Aronap/Bauur-Giffin/GC Images/Getty Image)
Warner Brothers Discovery announced in June that the company was Divide the studio from your cable networkSpinoff Company, Discovery Global Networks included CNN, TBS and TNT. It is unclear whether corporate partitions will be stopped as a result of a paramount skidance dialect.
Possible acquisition of Warner Brothers Discovery’s paramount paramounts placed HBO and CNN in the same corporate umbrella as CBS, Shotime and many other cable networks, including nickelodians, MTVs, BET and Comedy Central.
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The magazine said that “a bid has not been submitted yet, and the plans can still be different.”
Warner Bros. Discovery refused to comment. Paramount did not immediately respond to the request of the comment.
Paramount CEO David Alison took over as the company last month after his merger with Skydance Media. (Through Charlie Tribalu / AFP Getty Image / Getty Image)
Last month, Paramount merged with Skydance in a $ 8 billion transaction, which was eventually approved by the FCC after a month-long legal battle of Paramount with the President. Donald Trump,
Trump in his “60 minute” interview filed a case on paramount and CBS News on electoral intervention in the handling of the network, which aired in the weeks of the November election with the then Vice President Kamla Harris. Paramount solved Trump’s trial in July.
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Paramount settled the case of President Donald Trump, before the FCC approved its merger with Skydance. (Patrick T. Follen / AFP Getty Image / Getty Image)
Warner Bros. Discovery is not the only media asset Alison has allegedly kept his eye. Alison is also Trying to buy free press There is a plan to give $ 100 million to $ 200 million and allegedly to its founder, independent journalist Bari Weiss, a major editorial role in CBS News.
Fox News’ Brian Flood contributed to this report.