Hollywood may be witnessing one of the largest and riskiest media mergers ever attempted.

In this episode of Next TMT Talks, hosts David Bloom and Daniel Frankel break down the massive $110+ billion Warner Bros.–Paramount merger effort backed by David Ellison and Skydance — and why the deal could reshape the future of streaming, sports rights, and Hollywood studios.

The discussion explores the regulatory battles ahead, the massive debt burden the combined company could carry, and why Netflix ultimately walked away from the bidding war.

Topics Covered

• Why the Ellison-backed Paramount–Warner deal ballooned to $110B+

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• Why Netflix declined to counterbid despite early interest

• The enormous sports rights portfolio the combined company would control

• Why the NFL may reopen its TV deals early

• How streaming consolidation is reshaping Hollywood

• The political fight over sports on broadcast TV

• Why local journalism may depend on NFL broadcast rights

• The future of Paramount+, HBO Max, and a potential merged streaming service

Next TMT Talks covers the intersection of media, technology, telecom, and streaming economics.

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