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Mega deal between US media giants is on the horizon
December 21, 2023, 8:49 a.m
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A multi-billion dollar merger may be on the horizon in the US media and entertainment industry. Warner Bros Discovery and Paramount Global According to insiders, they are exploring a merger. Talks between Warner Bros and Paramount are still in the early stages, say people familiar with the matter. Paramount is valued at $10.5 billion on the stock market.