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In a significant development within the Hollywood landscape, Warner Bros. Discovery and Paramount Global have initiated discussions over a potential merger. As per Axios, CEOs David Zaslav and Bob Bakish discussed the merger during a recent lunch meeting in New York. Reports also claimed that the talks are at the initial stages, but both production companies have not disclosed much about it.

Warner Bros Discovery revealed its plans on a recent Q3 earnings call.

The merger reportedly aims to consolidate assets spanning television, film, sports, and streaming services to compete against streaming giants like Netflix, Disney+, and Hulu. However, people have expressed concerns, particularly regarding the fate of cinematic classics likeThe Godfather,amid the potential merger.

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Warner Bros. CEO David Zaslav (via The NY Times)

The Potential Merger Could Grant Warner Bros. Access to a Range of Movies

While Paramount is reported to have a significantly lower long-term debt than Warner Bros., the latter holds a larger market value with a market capitalization of $28.4 billion as of the close of trading on December 20. Paramount, however, has a market capitalization of $10.3 billion.

AsAxiosrevealed that Warner Bros. and Paramount are in talks for a potential merger, there has been anticipation over the cinematic gems that could change hands in the transaction. The merger, if realized, would give Warne Bros. Discovery access to Paramount Pictures’ impressive portfolio of film franchises.

Transformers

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The production company, led byDavid Zaslav, could potentially acquire top-tier properties, including franchises likeTerminator, Transformers, Mission: Impossible, Top Gun, A Quiet Place, Teenage Mutant Ninja Turtles, The Godfather, Paranormal Activity, Scream, GI Joe, PAW Patrol, SpongeBobandStar Trek.

Al Pacino and Marlon Brando in The Godfather (1972)

Warner Bros., which is already home to established franchises likeDC Universe,Harry Potter, andLord of the Rings, could see a notable expansion with these new additions and help solidify its presence in the industry. However, people have expressed their concern over the merger.

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Fans Share Their Concern About the Potential Merger

The potential merger between Warner Bros. and Paramount would likely extend beyond movies, with the media giants potentially pooling their assets in TV, sports, and streaming as well. Their respective cable lineups, featuring ‘CNN, HBO, Cartoon Network’ and Paramount’s CBS, MTV, and Nickelodeon, could also join forces to enhance scale.

They’re gonna remake the godfather aren’t they

— MJ (@MJ__Hernandez)August 20, 2025

GREAT, MORE FRANCHISES TO RUIN 😭🤣

— Aryan Gupta (@SavageAryan007)July 22, 2025

Oh god they will remake the godfather 1000000%

— Craig (@CS11__)August 02, 2025

I hope not bec Warner would ruin all these franchises

— muhammad hassan (@mhassan_32)June 19, 2025

I can’t think of anything worse than Warner Bros Discovery taking over nickelodeon. I mean no that’s just pure evil what will happen if that takes place

— Podio Commentary (@PodioCommentary)June 24, 2025

Please don’t. They will start remaking everything and then send our favorite shows to Tubi instead of making their own platform 😭

— Grateful🕷️ (@0x6Grateful)June 21, 2025

Please keep Avatar The last Airbender and Transformers far away from David Zaslav.

— Cell (@DekuFinalFlash)August 17, 2025

However, both possibilities have caused fans to worry, as many shared that Warner Bros. would likely start developing remakes of the already hit shows and movies under Paramount. One Twitter user shared their concern, saying,“They’re gonna remake the Godfather, aren’t they.”

Others also raised concern, claiming that the studio could ruin great franchises, includingThe GodfatherandTransformers. And many are sure that if the merger happens, there certainly would be a remake of one of the greatest films of all time,The Godfather.

Laxmi Rajput

Senior Writer

Articles Published :3448

Laxmi Rajput is a Senior Writer at FandomWire, with over 3,300 articles published covering film, TV, and pop culture. With a degree in Broadcast Journalism and over three years of experience in content writing, she pivoted to entertainment journalism because let’s be honest, superheroes, sitcoms, and Netflix binges are way more fun. Laxmi frequently covers Marvel, Harry Potter, Star Wars, and popular TV shows, offering both fan-first enthusiasm and thoughtful analysis. Her work often dives into Marvel theories, revisits the genius of The Big Bang Theory, or unpacks the Netflix phenomenon of Stranger Things.

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David Zaslav