Paramount, Warner Bros.
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Since the announcement Friday that Paramount has entered a merger agreement to acquire Warner Bros. Discovery, a lot has been written about the deal bringing together two major streaming platforms,
Netflix gave Paramount an early Season 2 renewal for 'Little House In the Prairie" days after it lost Warner Bros. to its rival.
Though not a done deal — there are still quite a few regulatory hurdles to clear, locally, federally and abroad — Paramount Skydance Warner Bros. Discovery (unofficial, but yikes) now has a fairly open path to try its unified hand at Hollywood domination.
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S&P and Fitch Ratings are cool to the $79 billion in proposed Paramount-Warner Bros. debt.
Paramount Skydance, in the midst of pursuing a acquisition of Warner Bros, Discovery, saw downturns in revenue from TV advertising and distribution in the fourth quarter, which helped to spur a wider loss for the period, even as revenue increased in its streaming and film operations.
By Harshita Mary Varghese Feb 25 (Reuters) - Paramount Skydance forecast first-quarter revenue below Wall Street estimates on Wednesday, citing an ongoing decline in legacy TV, but predicted strong growth in its streaming unit this year on additional subscribers and price increases.