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TOM GIOVANETTI: The Free-Market Case For A Hollywood Merger As Paramount Fights Big Tech

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It looks like some much-needed changes are coming to the media streaming marketplace, and that’s great news for consumers.

Warner Bros. Discovery, which owns over 60 different entertainment brands including HBO, CNN, Warner Bros., the DC Comics Universe, and channels like TBS, Food Network, and all the Discovery channels, is weighing a sale.

And while there may be multiple suitors, the most likely buyer of some or all of Warner Bros. Discovery is the new Paramount Skydance—largely comprised of the former Viacom conglomerate that owns CBS and, of course, Paramount Studios.

Why does this matter? First, because streaming is a disaster of abundance. There’s a ton of new and archival content out there, more easily available than ever, but it’s hard to keep track of what service is running the shows you’re currently watching. I’ve even heard of people using spreadsheets to keep track of where their shows are streamed, though there are also services like JustWatch that help with this as well. (RELATED: CBS ‘Race And Culture’ Unit Dies Swift Death As Outlet Sheds Jobs Under Bari Weiss) 

This abundance of content, by the way, is the result of two great policy........

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