Wall Street Journal has a story with a quote about the climate for Justice Department Civil Division in DC, won't allow this.
I see it as a possible good bet from a streaming standpoint, just personally, those two together would be a lot more appealing than apart. Paramount has a lot of movies and shows, the Taylor Sheridan stuff would be a major selling point, even if I don't really fukk with it.
From a financial standpoint, it would save a lot of money, marketing, promo, production costs.
The regulatory environment for mergers and acquisitions has been tough under the Biden administration. The combination of two large movie studios and the Max and Paramount+ streaming services would likely face scrutiny from antitrust enforcers.
“We have a very hard time believing the current FTC/DOJ, which has been very aggressive in combating industry consolidation, would give this deal a pass,” TD Cowen analyst Doug Creutz said in a research note that threw cold water on the prospects for a deal.
Disney acquired Fox entertainment assets in 2019—a transaction that also united two major studios under one roof—but that deal happened under a more deal-friendly Trump administration.