Credit Risks: S&P Global Analyst Breaks Down Paramount-WBD Deal
The proposed $111 billion merger between Paramount and Warner Bros. Discovery is approaching completion, but concerns around debt, execution risk, and long-term industry volatility loom large. On the latest episode of the Variety podcast “Strictly Business,” Naveen Sarma, sector lead for U.S. media and telecom at S&P Global, explained the rationale for the downgrade his agency gave the … Read more