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Paramount ends Warner Bros. Discovery merger talks, continues mulling sell-off

Report: Paramount still contemplating selling to Skydance Media.

The David Ellison-owned company is “still performing due diligence on a potential transaction,” CNBC said today, citing two of its anonymous sources. It has already considered bundling Paramount+ with Comcast's Peacock through a partnership or joint venture, The Wall Street Journal ( WSJ) reported earlier this month. As streaming services race to achieve the sort of profitability that Netflix has, big strategic moves, such as mergers, partnerships, and price hikes, are expected soon.

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