Warner Bros Discovery halts merger talks with Paramount Global, CNBC reports
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FILE PHOTO: The Warner Bros logo is seen during the Cannes Lions International Festival of Creativity in Cannes, France, June 22, 2022. REUTERS/Eric Gaillard/File Photo
(Reuters) - Warner Bros Discovery is no longer pursuing a merger with Paramount Global, halting talks after several months of kicking the tires on merging the media companies, CNBC reported on Tuesday, citing sources familiar with the matter.
(Reporting by Samrhitha Arunasalam in Bengaluru; Editing by Shinjini Ganguli)
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