The media landscape has changed drastically in just the last decade as streaming platforms became a new battleground for studios. A few years ago, we even lost one of the major studios when Disney purchased 20th Century Fox, and now it looks like we may be in for that again, as it's being reported that Warner Bros. Discovery and Paramount Pictures are discussing a merger.
Axios was the first to report on the meeting, but other media outlets have since confirmed that it happened. According to the report, Warner Bros. Discovery CEO David Zaslav has spoken to Paramount CEO Bob Bakish, as well as Paramount's parent company head Shari Redstone, about a potential merger. WBD has reportedly hired bankers to explore the financial side of the deal.
