Streaming giant Netflix withdrew its bid for Warner Brothers Discovery on the eve of this year’s Oscars, but it doesn’t mean Paramount has won the battle for dominance over the media landscape. Regulators still must approve the deal, and Paramount’s offer comes with huge debt.
In the first episode of Credit Currents, a new video podcast series from Moody’s Ratings launching on April 2, 2026, we reveal the stakes at play for traditional film and TV studios, the exponential value of intellectual property (IP), and how massive acquisitions can create credit risk.
We also consider the potentially significant impact of AI on viewing habits and customer preferences.
Host: Patrick Ronk, Vice President, Senior Analyst, Moody’s Ratings
Guest: Emile El Nems, Vice President, Senior Credit Officer, Moody’s Ratings
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