US EditionHBO Max and Paramount+ will combine after WBD merger
- On Monday, Paramount Skydance announced plans to combine Paramount+ and HBO Max into one streaming service upon completion of the merger, revealing over 200 million direct-to-consumer subscribers.
- Combining scale and tech, Paramount plans to consolidate streaming tech and content by the middle of this year to compete, leveraging a combined footprint of more than 200 million direct-to-consumer subscribers.
- Regarding HBO's role, Ellison said HBO will 'operate with independence' and praised Casey Bloys, whose contract runs through 2027, emphasizing 'HBO should stay HBO.'
- Executives declined to specify pricing or branding for the Paramount+ merged offering on Monday, while Paramount highlighted combining TNT Sports with CBS Sports without antitrust concerns.
- Framed by deal economics, Paramount's $31 per share offer values Warner Bros. Discovery at roughly $77 billion after Netflix withdrew, and if approved, Ellison would control HBO and CNN.
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Will HBO Max & Paramount+ Combine Into One App as Companies Plan Merge?
The pending merger explained.
Paramount Skydance Eyes Merger with HBO Max.
PULSE POINTSWHAT HAPPENED: Paramount Skydance announced plans to merge Paramount+ and HBO Max into a single streaming service following its acquisition of Warner Bros. Discovery.WHO WAS INVOLVED: Paramount Skydance CEO David Ellison, Warner Bros. Discovery, and Netflix (which withdrew from the bidding war).WHEN & WHERE: The announcement was made during an investor call on Monday, days after Warner signed the acquisition agreement.KEY QUOTE: “We …
Hartford Courant
Everything we know about the plan to combine HBO Max and Paramount+
By Meg James, Los Angeles Times Paramount Chairman David Ellison laid out his vision for taking over Warner Bros. Discovery, including combining the two streaming services — HBO Max and Paramount+, which together boast more 200 million subscribers. “The combination … really puts us in a position to be able to compete with all the leading players in the space,” Ellison said during a Monday morning investor call, which came after Paramount stunned…
From Streaming to Debt—5 Takeaways From Paramount’s Post‑Merger Conference Call
Paramount Skydance has outlasted streaming giant Netflix in the bidding war for Warner Bros. Discovery’s entertainment empire. The film, television, and streaming studio talked about the deal on March 2 for the first time since it agreed to buy Warner Bros. for cash in a transaction valued at $110 billion. While the hostile takeover ends the months-long saga, the merger process has just begun. Here are five takeaways from Paramount’s conference …
By Liam Reilly, CNN. It's not TV. It's HBO — and Paramount+. During Paramount's first investor call since winning the bid to acquire Warner Bros. Discovery, CEO David Ellison said that, following the merger, Paramount+ and HBO Max will merge into a single streaming platform. "We will combine the streaming portfolios of both companies into one stronger platform over the next few years," Ellison said during the call Monday morning. "Between the tw…
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