What If Warner Bros. Discovery and The Walt Disney Company merged

Here's what if Warner Bros. Discovery and The Walt Disney Company merged into a new multimedia company well here's what will happen.

Changes

 * The name of the brand new company would be called DisneyWarner LLC.
 * Walt Disney Studios, Disney Media and Entertainment Distribution, Warner Bros. Entertainment Inc. Walt Disney Television, Warner Bros. Television Studios, Turner Broadcasting System would merge and become DisneyWarner Studios Entertainment Inc. & DisneyWarner Television Entertainent.
 * The Walt Disney Studios Motion Pictures and Warner Bros. Pictures Distribution Arm' merge to become DisneyWarner Pictures Distribution.
 * Walt Disney Studios Home Entertainment (Buena Vista Home Entertainment, Inc.) & Warner Bros. Home Entertainment would merge and become DisneyWarner Home Entertainment, Inc.
 * Walt Disney Animation Studios, Warner Animation Group and Warner Bros. Animation would merge and become DisneyWarner Animation Studios.
 * Marvel Entertainment and DC Entertainment would merge and become Omni Entertainment.
 * Marvel Comics and DC Comics would merge and become Omni Comics.
 * Marvel Studios and DC Films would merge and become Omni Studios.
 * The MCU and DCEU would merge to make OEU
 * DisneyWarner would buy MGM Holdings.
 * That would mean DisneyWarner owns MGM Franchises like James Bond, Robocop, Rocky and etc.
 * DisneyWarner would own 60% of A&E Networks.
 * DisneyWarner would own The Wizarding World.
 * DisneyWarner would own some of Rankin Bass Pre 1975
 * Fox Corporation would be bought by DisneyWarner and all assets including the Fox Broadcasting Network.
 * DisneyWarner would buy Sesame Workshop and The Jim Henson Company.
 * That means Sesame Street and The Muppets are back together.
 * DisneyWarner would buy NBCUniversal and Sony Pictures Entertainment.
 * HBO Max, Disney+ and Discovery+ would merge into a new streaming service named DWB+.
 * However, DisneyWarner would purchase its 33% stake of Hulu (Folded into DWB+) from Comcast.
 * DisneyWarner would buy AMC Networks.
 * Discovery Inc would stay in the same just that DisneyWarner owns it.
 * Searchlight Pictures and New Line Cinema would merge and turn into NewLight Studios.
 * DisneyWarner would own 80% of The CW.
 * Warner Music Group and Disney Music Group would merge and become DisneyWarner Music Corporation.
 * DisneyWarner Interactive Studios would be made replacing Warner Interactive Entertainment.
 * Avalanche Software would've been fully owned by DisneyWarner.
 * Castle Rock Entertainment would merge with Lucasfilm, thus becoming LucasRock Pictures ltd.
 * Cartoon Network and Boomerang would be sister networks to Disney Channel and Disney XD.
 * TCM would be renamed DWM (DisneyWarner Movie Network)
 * Disney XD and Cartoon Networks internationally would merge and turn into DWToon Network, Toon Disney and DW X
 * DisneyWarner would own half of television, news, and streaming.
 * New Line Television would be revived and renamed into NewLight Television.
 * Video Collection International, Touchstone Pictures, Hollywood Pictures, MTE, Jetix and Toon Disney would be revived as well.
 * DisneyWarner would buy all the rights to Spider-Man and other characters associated from Sony
 * DisneyWarner would

Networks/Channels

 * XYZ
 * BTN
 * Glitz
 * WB Kids
 * Cartoonito

Films/Movies

 * Marvel & DC: Infinity Crisis Part 1
 * Marvel & DC: Infinity Crisis Part 2
 * Justice League 2
 * Sesame Street The Movie

Acquisitions

 * In 2022, DisneyWarner bought Level-5 for $30 Million and became a subsidiary to DisneyWarner Interactive Studios.
 * In 2025, DisneyWarner bought Japanese company Sanrio and it's subsidiaries for $200 Million.
 * In 2029, DisneyWarner bought Canadian company WildBrain for $500 Million. Owning back DIC Entertainment cartoons