Merged Paramount-Warner Bros. Will Be a 'Streaming Powerhouse,' Wall Street Analysts Say — but Saddled With More Than $77 Billion in Debt https://t.co/OnwUsEMdei
Paramount-Warner Bros. will be saddled with $77 billion in debt once the studios merge, but Wall Street analysts say the new company could be a "streaming powerhouse."
The combination of HBO Max and Paramount+ puts the new company on a path to achieve more than 240 million subscribers by 2030, an analysts note from Morgan Stanley reads: "We view the combination of HBO Max and Paramount+ as a streaming powerhouse that has the potential to go from the 4th and 5th streaming services to rivaling Disney and Amazon for the 2nd and 3rd spot behind Netflix in premium SVOD.”
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