Reuters Warner Bros Discovery CEO David Zaslav met with Paramount Global CEO Bob Bakish to discuss a potential deal between the two companies, a source told Reuters on Wednesday.

The talks were first reported by Axios on Wednesday, citing multiple sources.

Zaslav has also spoken to Shari Redstone, who owns Paramount39;s parent company, about a deal, Axios reported, adding the meeting between Zaslav and Bakish lasted several hours.

It is unclear whether Warner Bros would buy Paramount Global or its parent company, National Amusements Inc NAI, the source told Reuters. Axios said both options were on the table.

Warner Bros and Paramount did not immediately respond to Reuters39; requests for comment.

Paramount is controlled by the Shari Redstoneled media company that owns 77 of Paramount39;s Class A voting shares.

Talks between Warner Bros and Paramount are still early, and may not ultimately result in a deal, according to the Axios report.

In April last year, ATT39;s WarnerMedia unit and Discovery merged to become Warner Bros Discovery, with a portfolio that included Discovery Channel, Warner Bros. Entertainment, CNN, HBO, Cartoon Network; streaming services Discovery and HBO Max; and franchises such as Batman and Harry Potter.

Earlier on Wednesday, Bloomberg News reported Paramount was in talks to sell its Black Entertainment Television network to a managementled investor group.

There have been other reports of takeover interest in Paramount, which has a market cap…