An entertainment rumor is moving the market.

Mottley Fool money starts now. Welcome to Motley Full Money. I'm Deidre Willard here with Motley Full Anlist.

Yasser El Shmi.

Yasur, how are you doing today?

I'm doing well, Deidre. Thank you for having me.

I wanted to talk to you today because, you know, we toward the holiday it's supposed to be quiet but instead man it has been like an

M&A Bonanza lately and this one that we're going to talk about maybe it's been expected but the rumor has it is that

the CEOs of Warner Brothers Discovery in Paramount Global were in New York City talking

about a potential merger. It kind of makes sense.

You've got two of the smaller players in television and streaming teaming up.

Is this a win-win or a lose-lose?

I'm afraid it might be more of the latter.

Lou's, you know, when you think about the streaming world, for example, you have Netflix

that booths over 200 million subscribers.

Warner Brother Discovery has about 95 million

Paramount Plus, may have around 60 something million subscribers.

Not exactly sure how many of those subscribers of Max and Paramount Plus overlap.

So you don't know how many new Max subscribers Warner Brothers will be will be gaining out of this transaction

But even if you put them together, they are still not the Netflix scale and that is not even getting into the issue of

profitability and how direct consumer for pretty much everyone not named Netflix has been a money hemorrhaging business.

Now Warner Brothers has shown some glimpses of positivity here of Hope with their

DTC offering so they announced actually this year that their

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