BLACKSBURG, Va., March 3 -- Virginia Polytechnic Institute and State University issued the following news release:
Mass media corporation Paramount Skydance, owner of Paramount+ and CBS, has won a bidding war to acquire Warner Bros. Discovery, home to HBO Max and CNN. While the proposed $111 billion deal still has hurdles to overcome before it closes, a successful conclusion could significantly alter the streaming service and broadcast news landscapes.
Megan Duncan, who studies how partisan audiences engage with news media, answered questions about potential consequences of this massive media merger.
How does the proposed merger fit in with recent media trends?
"The media field, especially as it relates to streaming, is very unsettled. ...