Debt-ridden media giant Paramount Global held merger talks with Warner Bros. Discovery, according to multiple reports Wednesday.

Paramount CEO Bob Bakish met with Warner Bros. Discovery boss David Zaslav boss for several hours at Paramount’s New York headquarters in Times Square, according to sources cited by both Axios and CNBC.

The merger talks — described as being in the early stages — follow reports that media mogul Shari Redstone may sell her controlling stake in Paramount-parent National Amusements to Larry Ellison’s production company Skydance and Gerry Cardinale’s private equity firm RedBird Capital.

Zaslav also met with Redstone, according to Axios, though it’s unclear whether he is looking to buy Paramount Global or its parent company.

PLAYLIST 123 VIDEOS: WARNER BROTHERS DISCOVERY & DAVID ZASLAV
https://www.youtube.com/playlist?list=PLUPkiRW84R1gxDL-u2P1Ac4bE5bONlHix

SUBSCRIBE TO ADAM POST SPEAKS:
https://www.youtube.com/c/AdamPostSpeaks

Follow ADAM POST on Twitter:
https://twitter.com/comicswelove

ADAM POST email:
adampostmediagroup@gmail.com

#warnerbros #zaslav