Tom Cruise and Warner Bros. Discovery announce partnership to develop new movies

Warner Bros. Discovery has paused merger talks with Paramount Global, sources say. Paramount Global trades at a 52-week low, sources tell CNBC. The company is trading at a low of $1.2 billion per day. Warner Bros.'s Discovery has halted merger discussions with Paramount.

Fox Corporation partnering with Disney, Warner Bros. Discovery for new sports streaming service. Fox will provide content including NFL, NBA and NHL content. Fox Corporation, Disney and Warner Discovery announced they are partnering for a new service that will stream NFL and NBA content.

Tom Cruise and Warner Bros. Discovery announce partnership to develop new movies. Tom Cruise has entered the next phase of his mission to save the movie theater industry by partnering with Warner Brothers. Warner Bros.'s Discovery to develop original franchise films. Tom Cruise: "I'm not scared of the box office business. I'm not afraid of the theater industry. I want to save it"

Warner Bros. Discovery's merger talks with Paramount Global may bring NBCUniversal to the table. NBCUniversal may also be interested in the merger talks, which could draw out NBCUniversal. Warner Bros.'s merger talks may also bring in NBCUniversal, which has been in talks with Discovery since 2008.

Warner Bros. Discovery CEO David Zaslav met with Paramount Global Chief Executive Bob Bakish on Tuesday. They discussed a potential merger between the two companies, two people familiar with the matter told CNN. The two companies have been in the news for more than a decade.

Warner Bros. Discovery and Paramount Global in early merger talks. Paramount Global's controlling shareholder, Shari Redstone, is reportedly eager for a deal partner. Shari. Redstone is reportedly keen to find a partner in the deal. Warner Bros.'s Discovery is also reportedly in talks with Paramount Global.

Shari Redstone's stake in National Amusements and Paramount would make it easier for David Zaslav to start to absorb the media company. David ZAslav: "Warner Bros. Discovery CEO not ready to make deal for Paramount" The purchase of Shari’s stake in Paramount and National Amusesments would be easier for the media mogul to absorb.

Fox Corporation partnering with Disney, Warner Bros. Discovery for new sports streaming service. Fox will provide content including NFL, NBA, MLB and NHL content. Fox Corporation, Disney and Warner Discovery announced they are partnering for a new service that will provide NFL, MLB, NHL and NBA content.

Warner Bros. Discovery and Paramount Global reportedly got together to weigh the possibility of merging their media companies into one. The merger would consolidate their streaming services. Warner Bros Discovery and Warner Bros. Discovery are the two largest streaming companies in the U.S. and around the world.