By Jaspreet Singh

Dec 8 (Reuters) – Paramount Skydance launched a hostile bid worth $108.4 billion for Warner Bros Discovery, challenging a rival offer from Netflix and injecting uncertainty into the future of Hollywood’s storied media company.

Since 2000, the parent company of the Warner Bros movie studio has been through three major reorganizations. Now the company is facing its fourth reorganization.

Here are four graphics showing why the deal involving Warner Bros Discovery matters:

TO BETTER COMPETE WITH DISNEY

If Paramount succeeds in acquiring Warner Bros Discovery, the combined company would surpass market leader Disney in the U.S. and Canada’s box office market share.

Though Disney+ remains a big competitor in the streaming space, with 15% global app monthly active user shar

See Full Page