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Paramount-Skydance is poised to acquire Warner Bros. Discovery for a record acquisition deal valued at more than $110 billion. That’s after Netflix, which had already locked in a merger deal with company, dropped out on Thursday, Feb. 26. The deal still faces regulatory scrutiny and any potential merger could have ripple effects across the entertainment and media industry. CGTN's correspondent Ediz Tiyansan explains.
For more, check out our exclusive content on CGTN Now and subscribe to our weekly newsletter, The China Report.
Paramount-Skydance is poised to acquire Warner Bros. Discovery for a record acquisition deal valued at more than $110 billion. That’s after Netflix, which had already locked in a merger deal with company, dropped out on Thursday, Feb. 26. The deal still faces regulatory scrutiny and any potential merger could have ripple effects across the entertainment and media industry. CGTN's correspondent Ediz Tiyansan explains.
For more, check out our exclusive content on CGTN Now and subscribe to our weekly newsletter, The China Report.