Paramount set to acquire Warner Bros after Netflix backs down
Entertainment
Paramount set to acquire Warner Bros after Netflix backs down
The acquisition would give Paramount ownership of Warner Bros’ extensive library, its networks, and streaming services. If regulators approve, HBO Max subscribers would be integrated into Paramount’s platforms, while Paramount would also gain control of CNN, the Food Network, CBS, Nickelodeon, Comedy Central, and various sports channels.
By Maureen Kinyanjui