This week, Axios broke the news that Warner Bros. Discovery and Paramount were looking into some sort of merger. It would make sense: Warner Bros. Discovery is trying to become a content behemoth, and Paramount would give the company even more content plus a grouping of popular (as they can be in this age) broadcast and cable channels. It would further secure Warner Bros. Discovery’s control over tentpole IP and allow it to serve as an even more potent rival to...