Skydance is set to merge HBO Max and Paramount+ into a single streaming bundle, launching in early 2027, according to a letter sent to shareholders on Monday. The move follows the media conglomerate’s acquisition of both Warner Bros. Discovery and Paramount, bringing together two major platforms under one roof. Consumers will be able to subscribe to both services at what the company describes as an even greater value — though exact pricing, packaging options, and regional rollout details remain unannounced.
The combined service will offer access to a wide range of content, including House of the Dragon, The White Lotus, Yellowjackets, Tulsa King, MobLand, Lanterns, and the entire Star Trek franchise. Skydance executives cited cost-cutting as a key driver, projecting at least $6 billion in run-rate synergies within three years.
These savings are expected from eliminating duplicative spending across a combined expense base exceeding $50 billion, covering overlapping corporate functions, film and TV studio groups, and television portfolios. David Ellison, CEO of Skydance, emphasized that the integration would allow both Paramount and Warner Bros. To grow, tell more stories, and reach broader audiences globally, all while preserving their individual identities.
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