What if Warner and Paramount would merge after Discovery?

While sure that both WarnerMedia and Discovery, Inc. had merged into Warner Bros. Discovery, but after that, we hope that Paramount Global would be next to be bought from National Amusement by Warner in the future, but will it? Let’s imagine this sanario.

Reasons

Considering both Warner and Paramount has their relationship, here are the reasons why if two companies merge.

1. Nickelodeon and MTV were both once owned by Warner back in the late 70s before being bought out by Viacom in around early 80s.
   1. Also before being bought out by Viacom, Warner acquired Turner’s fated Cable Music Channel and turned it into VH1 in 1985.
2. Nickelodeon used to air Warner’s properties like Looney Tunes, Tiny Toons, Animaniacs, Pinky and the Brain, and films like the 2002 Scooby Doo movie and recently they aired Space Jam
3. Both CBS and Warner Bros. jointly own The CW channel
4. Speaking of which, both CBS and The CW air shows based on DC franchises
5. Both Warner and Nick teamed up to produce a crossover film based on Batman and TMNT, which that already happened.
6. Not to mention that Teen Titans Go has an episode with a TMNT character as a guest star
7. Paramount Parks (now Cedar Fair) used to have Hanna-Barbera properties at their parks until 2006
8. During early 2000s, a Cartoon Network's Cartoon Cartoon Fridays commercial aired on Nickelodeon. Crazy.
9. The 1971 film Willy Wonka and the Chocolate Factory once released by Paramount before selling out to WB.

Changes

• Warner Bros. Discovery and Paramount Global would both be merged into "WarnerCBS".
  • Despite that, the "Viacom" name would still remain used as a brand name for the copyright holding for most of the Paramount-owned brands, like Nickelodeon, MTV, VH1, etc.
• The CW broadcast channel would be fully owned by WarnerCBS.
• Nickelodeon, a rival of Cartoon Network, would still remain since it’s still iconic, and Nick and Cartoon Network would work together, as both The Cartoon Network, Inc. and Nickelodeon Group divisions would be merged into WarnerCBS Kids, Teens, Family & Adults division.
  • TBD
  • Cartoon Network’s Boomerang would air both CN and Nick shows.

• 

  Hanna Barbera Studios logo

  Both Nickelodeon Animation Studios and Cartoon Network Studios would be renamed to Hanna-Barbera Studios, a revived version of old Hanna-Barbera, that would focus original shows only for Cartoon Network, Boomerang and Nickelodeon and occasionally other channels like TBS. And it’d get transferred to Warner Bros. Animation as its division, although the pre-2001 HB library still remain in the WB Animation library, and that goes to the Warner Animation Group library too.
• Nickelodeon Movies titles would air on Warner-own channels like Cartoon Network and TCM.
• There are some of assets by ViacomCBS would be absorbed into, such as:
  • Two streaming services Paramount+ and HBO Max would be merged into The WB+, which an honor tribute to Warner’s former broadcast channel The WB.
• However, there some of Viacom asserts that WarnerMedia won’t own:
  • Showtime Networks which would be spun-off into its independent company renamed to Showtime Media, LLC.
  • TBD

Assets

WarnerCBS

Warner Bros. Studios

• Filmed Entertainment
  • Warner Releasing
    • Warner Bros. Pictures
    • Paramount Pictures
  • Warner Animation Group
  • Castle Rock Entertainment
  • New Line Cinema
  • Miramax Films (joint owned with TBD)
    • Miramax Animation
    • Miramax Family
  • Warner Players
    • Nickelodeon Movies
    • MTV Films
    • Comedy Central
    • DC Films
• Television Studio Productions
  • Warner Bros. Animation
  • Hanna-Barbera Studios
    • Hanna-Barbera Europe
    • Avatar Studio
• Others

WarnerCBS Media Networks

Nickelodeon, Cartoon Network and Discovery Family Group

• Nickelodeon
  • Nito on Nick
  • Nick@Nite
• Cartoon Network
  • Adult Swim
  • ACME Night
• Boomerang
• Nito
• AwesomeTV
• Discovery Family (with Hasbro)
• Discovery Familia

Entertainment Group

• TNT
• Logo
• TBD
• TCM
• TBD

MTV Networks

• MTV
• MTV 2
• VH-1
• TBD

Comedy Partners

• TBS
• Comedy Central

BET Networks

• BET
• TBD

Discovery Networks

• Discovery
• TLC
• Food Network
• Animal Planet
• The Cooking Channel
• TBD

WarnerCBS Enterprises

• WarnerCBS Consumers
  • Paws, Inc.
  • The Wizarding World
• TBD