Particle.news
Download on the App Store

Paramount Skydance to Merge HBO Max and Paramount+ After Warner Bros. Discovery Deal

The company says a single app would launch from roughly 200 million subscribers, preserving HBO’s creative autonomy.

Overview

  • CEO David Ellison confirmed on a Monday investor call that the services will be combined once the roughly $110–111 billion acquisition clears regulators and shareholders.
  • Executives shared no decisions on pricing, naming or product structure, while stressing that HBO will operate with independence under its existing creative leadership.
  • Ellison committed to at least 30 theatrical releases per year across the two studios with a minimum 45-day global theatrical window before PVOD.
  • Paramount outlined more than $6 billion in anticipated cost savings and about $79 billion in net debt at closing, and said it has no plans to divest cable networks such as CBS and CNN.
  • The company noted early regulatory engagement, including clearances in Germany and Slovenia, with U.S. DOJ scrutiny ongoing and closing targeted for Q3 2026.