LISTEN: Credit Risks: Top S&P Global Analyst Breaks Down the Paramount-Warner Bros. Discovery 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 […]

By Cynthia Littleton