Paramount debt to hit $79 billion after Warner Bros deal, no plan to sell cable assets
Paramount debt to hit $79 billion after Warner Bros deal, no plan to sell cable assets is drawing significant interest across the industry.
March 2 (Reuters) - The Warner Bros-Paramount Skydance merger ?will create a combined entity that would have a net debt of about $79 billion, Paramount said on Monday, ?as it ruled out any plan to divest or spinoff the cable assets.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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