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PARA - Warner Bros. Discovery: A New Journey Begins
Paramount Global
After almost a year in the making, the AT&T and Discovery deal gives birth to a behemoth in the streaming and media space which starts trading independently on Monday.
The landscape of the media industry has changed almost overnight, as Warner Bros Discovery is expected to trade serious blows with their now main competitors, such as Netflix and Disney.
The unique combination of the great long-term prospects and unjust short-term valuations could make this one of the best investment opportunities of the decade.