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International Business Times
International Business Times
Business
AFP News

FOUND: Warner brothers discovery explores merger report | Mind Blowing Facts

While far from certain, a merger between Warner Brothers Discovery and Paramount Global could spark further consolidation in the media and entertainment industry (Credit: AFP)

Warner Brothers Discovery shares slid more than 5 percent Wednesday after reports emerged that the media and entertainment giant is exploring a merger with rival Paramount Global.

Warner Brothers Discovery chief executive David Zaslav met with Paramount Global boss Bob Bakish for several hours to discuss the possibility of merging the companies, Axios reported, citing unnamed sources.

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