Paramount Skydance plans to retain creative teams at Warner Bros Discovery if they merge, streamlining marketing and distribution. Warner Bros board recently rejected a $60 billion offer from Paramount. No decision yet on divesting real estate assets, but HBO Max may merge into Paramount+. There are no plans to sell cable networks, but potential for CBS News and CNN collaboration. Ellison plans to use AI to increase production to 30 films yearly. Warner Bros explores options for sale. Paramount Skydance, led by David Ellison, is a top contender for Warner Bros Discovery, with deep pockets and Washington ties giving them an edge in potential merger.

Read more at Yahoo Finance: Paramount plans to keep Warner Bros largely intact after merger, Bloomberg News reports