Warner Bros. Discovery Inc. held talks on a possible merger with Paramount Global this week, according to reports, a deal that would combine two of the largest media companies in the world. The CEO of Warner Bros. Discovery (WBD), David Zaslav, met with Paramount Global CEO Bob Bakish on Tuesday in New York to discuss a possible deal, Axios reported. Zaslav has also spoken with Paramount chair Shari Redstone, whose family company owns a controlling stake in Paramount. A deal of this size — which would combine Paramount and Warner Bros. film and TV studios, comic book publisher DC Comics, a range of cable channels, news channel CNN Worldwide, pay TV network HBO and broadcast network CBS — would almost certainly face regulatory scrutiny, especially during an election year.