{
  "id": 12566423,
  "title": "SkyDance To Combine HBO Max And Paramount+ Into One Streaming Service",
  "url": "https://urgent.news/2026/10/07/skydance-to-combine-hbo-max-and-paramount-into-one-streaming-service",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-07T06:48:04.000Z",
  "source": {
    "name": "Lowyat.NET",
    "slug": "lowyat-net",
    "url": "https://www.lowyat.net/2026/406551/skydance-to-combine-hbo-max-and-paramount-into-one-streaming-service/"
  },
  "original_language": "en",
  "account": "SkyDance has announced a merger of its two streaming platforms, HBO Max and Paramount+, into a single service. This move effectively concludes Paramount SkyDance's acquisition of Warner Bros. Discovery, following a year-long bidding war with Netflix. Initially, Netflix had planned to acquire Warner Bros. Discovery, gaining access to their extensive library which includes popular franchises such as Harry Potter, DC Universe, and CNN. However, Paramount SkyDance successfully outbid Netflix, purchasing Warner Bros. Discovery for $110 billion. In response, Netflix opted to pay a $2.8 billion termination fee for Warner Bros. Discovery to switch sides in the deal. The newly formed SkyDance entity will now manage all streaming services under Paramount SkyDance, including HBO Max, Paramount+, and Discovery+. A Paramount CEO, Davide Ellison, stated during an investor call that the consolidation of the three services under one platform would position SkyDance to compete with industry leaders. It is anticipated that this consolidation will occur by mid-year, with SkyDance aiming to replicate this approach for future platforms as well.",
  "summary": "SkyDance officially announced that it will merge its two streaming apps, HBO Max and Paramount+, into a single streaming service. More importantly, the decision officially closes the chapter in Paramount SkyDance’s acquisition of Warner Bros. Discovery. As a quick recap, Paramount SkyDance officially purchased Warner Bros. for an agreed upon amount of US$110 billion (~RM449 […] The post SkyDance…",
  "key_points": [
    "SkyDance merges HBO Max and Paramount+ into one streaming service.",
    "Paramount CEO Davide Ellison confirms consolidation by mid-year.",
    "Aim to compete with industry leaders in streaming market."
  ],
  "editors_take": "The merger of HBO Max and Paramount+ into one streaming service positions SkyDance to compete with industry leaders, effectively concluding Paramount's acquisition of Warner Bros. Discovery.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}