Paramount Global and WB Discovery in merger talks

[Scribe]

Chesterton's Fence.

Expecting reason, logic, and understanding would seem to be a non-starter these days.

 

[Homicidal_Squirrel]

By the way Pluto TV has completely flipped the script on streaming.

Isn't Pluto TV owned by Paramount?

 

[Mistwell]

Isn't Pluto TV owned by Paramount?

Yes. It's what is keeping them afloat. Paramount Plus is losing money, though it's heading in the right direction at least and is losing less money each year. CBS is the top of the broadcast charts but broadcast overall is shrinking.

 

[Homicidal_Squirrel]

Yes. It's what is keeping them afloat. Paramount Plus is losing money, though it's heading in the right direction at least and is losing less money each year. CBS is the top of the broadcast charts but broadcast overall is shrinking.

How much content overlap is there? Are they just competing with themselves?