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Credit Risks: Top S&P Global Ratings Analyst Breaks Down the Paramount-Warner Bros. Discovery Merger episode artwork

EPISODE · Jun 5, 2026 · 20 MIN

Credit Risks: Top S&P Global Ratings Analyst Breaks Down the Paramount-Warner Bros. Discovery Merger

from Strictly Business · host Variety

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. Naveen Sarma, sector lead for U.S. media and telecom at S&P Global, breaks down the opportunities and potential pitfalls ahead for the company, and he explains why S&P Global downgraded Paramount Skydance's credit rating after it clinched the WBD deal agreement. See omnystudio.com/listener for privacy information. See omnystudio.com/listener for privacy information.

Episode metadata supplied by the publisher feed · Published Jun 5, 2026

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Credit Risks: Top S&P Global Ratings Analyst Breaks Down the Paramount-Warner Bros. Discovery Merger

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