The Wall Street Journal recently reported that Paramount and Comcast are looking to work together in the streaming industry, potentially via a partnership or a joint venture where they will merge their Paramount + and Peacock streaming platforms. It was also that the reason for the potential merger was for their platforms to reduce costs and offer a wider selection of live sports to viewers.
Paramount has reportedly been discussing a potential merger with Warner Bros. Discovery, while FOX, Warner Bros. Discovery, and ESPN have revealed plans to create a sports-focused streaming platform. This will not be the first time that Paramount and Comcast are looking to work together as they have already collaborated in the past on SkyShowtime in certain European markets.
Paramount+ currently hosts channels like MTV and Nickelodeon, while Peacock, owned by NBCUniversal, currently features WWE content among other shows.
There is no word yet on what the potential merger would mean for WWE programming going forward, but the company has already secured a $5 billion deal with Netflix and that will result in Monday Night RAW being aired on the platform starting in 2025.