What if WarnerMedia acquired Metro-Goldwyn-Mayer?

As we all know, after Time Warner merged with Turner Broadcasting System in 1996, the company inherited most of the pre-1986 Metro-Goldwyn-Mayer library, including hits like The Wizard of Oz, Ben-Hur, Gone with the Wind, Singin' in the Rain, Doctor Zhivago and Tom and Jerry, but excluding some like The Pink Panther, the James Bond and Rocky series, with those being kept by sister company United Artists, with others like RoboCop joining MGM's catalog after acquiring Orion Pictures. But considering some recent co-productions between the current MGM and Warner Bros., what if WarnerMedia takes the next step and acquires the company? Here's a potential scenario.