Paramount and Warner Bros Merge: Why Your Favourite Shows Could Disappear and Thousands Could Lose Jobs

WBD staff face their third merger in eight years, as Paramount plans to cut $6 billion in costs over 36 months. (Credit: Wikimedia Commons)

Thousands of Hollywood workers could lose their jobs.

That's the reality facing more than 53,000 employees at Paramount and Warner Bros Discovery as the two entertainment giants finalise a $110 billion (£82.3 billion) merger that will bring HBO, Showtime, and Paramount+ under one corporate roof for the first time.