Paramount And WB Are Reportedly In Serious Merger Discussions As First Offer Gets Rejected

While many were skeptical that Warner Bros. Discovery would entertain the notion of a merger or acquisition after a banner year at the box office, a new report has confirmed that CEO David Zaslav is indeed entertaining offers.

First reported in June, it seems the newly merged Paramount Skydance (backed by Oracle founder Larry Ellison) is not done making moves. The studio reportedly has its eyes on acquiring Warner Bros.‘ studio and streaming assets, including HBO Max, Warner Bros. Television & Motion Pictures, and DC Studios, following its upcoming restructuring, which would see it jettison its linear/cable networks.

Now, Bloomberg is reporting that Paramount has made an initial offer…