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-0.000176553672316349 0 -0.00123587570621469 -0.00123587570621469 -0.000353107344632698 -0.00105932203389822 -0.00229519774011291 -0.00247175141242939
Stock impact report

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

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: Yahoo! Finance
increased leverage well above the agency's threshold if the merger with Warner Bros. Discovery goes through. That said, the agency believes the deal “will materially improve Paramount's business profile by significantly expanding the breadth and depth of its content with marquee IP and the largest library of film and television content in the world, allowing it to compete in the global streaming space and offset linear TV declines.” PSKY needs linear cash for now to invest and grow. More from Deadline Paramount-WBD Merger Ends Premium TV's Original Heated Rivalry, Brings Together HBO & Showtime: "It Warms My Heart," Robert Greenblatt Says Paramount-Warner Bros Merger: Hollywood Wonders How Combo Will Pull Off 30 Theatrical Films A Year Democratic Lawmakers Press Trump Administration On What Was Said To Ted Sarandos Before Netflix Dropped Out Of Bid For Warner Bros. The companies announced the deal on Friday and said they and expect it to close in the third quarter. S&P e Show less Read more
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