What's happening to Paramount+, HBO Max subscriptions after Paramount-WBD merger
Key Points:
- Skydance CEO David Ellison confirmed plans to eventually merge HBO Max and Paramount+ into a single streaming service following the $81 billion merger of Paramount and Warner Bros. Discovery.
- The combined service is expected to have around 200 million subscribers, making it comparable to Amazon Prime but still smaller than Netflix’s 325 million subscribers.
- Ellison indicated the merger will take time, with HBO Max and Paramount+ operating separately initially, and bundling options available in the short term, potentially accelerated by AI technology.
- Pricing details remain unclear, but a combined subscription could be costly, potentially reaching nearly $37 per month for premium plans if prices are simply added together; discounted bundle options similar to Disney+ and Hulu are expected.
- The merger aims to create a stronger competitor to Disney, Netflix, and Amazon, though company executives have given mixed messages about whether the platforms will fully combine or remain separate with bundling.