“Warner Bros. Discovery (WBD) CEO David Zaslav met with Paramount Global (PARA) CEO Bob Bakish about a potential deal, according to a report from Axios. Analysts have expected to see Paramount to engage in some sort of M&A activity this year, but the companies’ debt loads have raised some concerns.
Yahoo Finance’s Seana Smith and Brad Smith report on some of the analyst commentary surrounding the news.
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The reason WHY Paramount buys Warner Bros. Discovery…
1. Charlotte’s Web was made by Hanna-Barbera (owned by Warner Bros.), and distributed by Paramount.
2. Heidi’s Song was made by Hanna-Barbera (owned by Warner Bros.), and distributed by Paramount.
3. The Fonz and the Happy Days Gang was made by Hanna-Barbera (owned by Warner Bros.), and distributed by Paramount Television.
4. Laverne & Shirley was made by Hanna-Barbera (owned by Warner Bros.), and distributed by Paramount Television.
5. Mork & Mindy/Laverne & Shirley/Fonz Hour was made by Hanna-Barbera (owned by Warner Bros.), and distributed by Paramount Television.
6. Warner Bros. buys Willy Wonka and the Chocolate Factory film from Paramount.
7. Warner Bros. buys Paramount’s Popeye cartoons.