Both companies have huge debt problems. I'm not sure how shareholders for either company benefit from a merger.
IMO, they both should follow Paramount's strategy. Of all the major studios, they have the least debt, and are doing a better job of balancing their theatrical, home video, broadcast...
1) Are there any plans to bring WB's massive vintage 3-D film library to 3D Blu-Ray?
2) Are there any future plans for Hanna Barbera TV cartoons on blu-ray?
3) Apparently some members of the Fleischer family are trying to restore the 1940's Fleischer Superman theatrical cartoons. Will WB or WAC...
1tb is enough space to hold an entire 1080p film in a lossless compression format. UHD lossless may even work if the film is 2 hours or less and color format is yv12 instead of rgb. The best lossless codec is FFV1 which reduces uncompressed video to 1/3 filesize. But IIRC it requires quite a bit...
The same thing happened with HDTV. My local sports teams didn't air HD broadcasts regularly until 2008. A full 10 years after the standard was introduced.
Thankfully, Universal did scan and digitally preserve The Glass Web (1953) on their own. It's available on DCP for 3-D equipped commercial theaters since the music rights don't interfere with theatrical distribution.
If you search for it on the www.klstudioclassics.com site, you won't find it. Searching for the title on www.kinolorber.com will turn up a positive result.