Merger unites streaming services // Is the deal between Warner Bros. profitable? Discovery and Paramount Pictures

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Variety magazine learned about the negotiations between top managers of film companies during the merger of Warner Bros. Discovery and Paramount Pictures may merge their Max and Paramount+ streaming services. And this will allow them to compete with Netflix, Disney+ and Hulu. Warner Bros. Market Value Discovery is valued at just under $30 billion. Paramount Pictures is valued at about $10 billion. At the same time, both companies have a serious debt load: Warner Bros. has more than $40 billion. and approximately $15 billion from Paramount Pictures.

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