Reports of discussions centered on a possible merger between Warner Bros. Discovery and Paramount Global reveal considerations of potential strategy behind such a move.

Writer Sara Fischer reports that major streaming companies, including Netflix, Paramount+, Warner Bros. Discovery's Max, Comcast's Peacock, Disney, and TelevisaUnivision's ViX, have formed the Streaming Innovation Alliance (SIA), led by former policymakers, to advocate for industry interests in the face of evolving regulations.