Paramount plans to keep Warner Bros largely intact after merger

FILE PHOTO: The exterior of the Warner Bros. Discovery Atlanta campus in Atlanta, Georgia, U.S. May 2, 2023. REUTERS/Alyssa Pointer/File Photo

PARAMOUNT Skydance plans to keep much of Warner Bros Discovery intact if the two companies merge, with CEO David Ellison aiming to retain creative teams at both studios while streamlining marketing and distribution, Bloomberg News reported on Monday.

Reuters could not immediately verify the report. The companies did not immediately respond to Reuters' requests for comment.