'War of the tech stacks': Paramount and WBD employees brace for internal competition after the merger closes
Paramount settled the lawsuits that were slowing down its Warner Bros. Discovery deal, paving the way for the merger.
War of the tech stacks: Paramount and WBD employees brace for internal competition after merger closes
Paramount Skydance CEO David Ellison is set to finalize his acquisition of Warner Bros. Discovery (WBD). The two companies have settled their lawsuits, allowing the merger to proceed. A Paramount streaming executive has warned that employees anticipate an internal "war of the tech stacks" following the merger. They predict that the combined company will have competing streams and teams, as both companies have similar departments.
Paramount's $110 billion deal to acquire WBD will grant CEO David Ellison control over a vast media portfolio, including HBO, CBS, CNN, TNT, MTV, along with Paramount+, HBO Max, Discovery+, and Pluto TV. Ellison announced in a memo to staff that he aims to close the deal within two weeks.
Written by urgent.news from Business Insider's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
