Employees at Paramount Skydance and Warner Bros. Discovery are preparing themselves for not-so-friendly competition as their companies merge in the coming weeks.
“It’ll be quite competitive to see whose services and teams stick around,” a Paramount streaming manager said, reasoning that WBD has “some great engineers and teams doing very similar work to us.”
Paramount’s $110 billion deal to buy WBD gives CEO David Ellison control over a treasure trove of media assets. HBO, CBS, CNN, TNT, and MTV will live under one roof, as will streamers Paramount+, HBO Max, Discovery+, and free ad-supported service Pluto TV.
Ellison said in a Monday memo to…
