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S&P Weighs In On Media Mega-Merger: Puts Paramount On CreditWatch Negative But Says WBD Deal Will “Materially Improve” Its Business Profile

S&P put Paramount on CreditWatch negative but said a planned merger with Warner Bros. Discovery would “materially improve” its business profile.

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S&P Downgrades Warner Bros. Discovery To Junk Status On “Weak Credit Metrics” That Would Get Worse If Company Splits

Warner Bros. Discovery’s Credit Rating Cut to Junk Status by S&P, Citing Weak Linear TV Outlook