The Wall Street Journal reported that Paramount is preparing a bid, which would be backed by The Ellison family, to acquire Warner Bros. Discovery.
Under the new ownership, Paramount has struck a massive deal to bring TKO Group Holding's UFC into the Paramount family, including Paramount+ and CBS broadcasts.
WBD carries AEW programming on TBS and TNT.
If you enjoy PWInsider.com you can check out the AD-FREE PWInsider Elite section, which features exclusive audio updates, news, our critically acclaimed podcasts, interviews and more by clicking here!