HBO Max and Paramount+ will combine
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Like the rest of the town last week, the shock news of Paramount Skydance’s 11th hour successful acquisition of Warner Bros. Discovery stung deep at HBO. According to at least one insider, when word
Trump buddy and Paramount Skydance CEO David Ellison announced a major move for HBO, should his planned merger with Warner Bros. Discovery go through. According to Variety, Paramount plans to combine HBO Max and Paramount+ into a single streaming service.
The most immediate question for consumers is what becomes of the companies’ streaming platforms. Paramount+ is still not profitable on its own, while Warner Bros. Discovery’s streaming segment — anchored largely by HBO Max — has only recently moved toward consistent earnings.