<p>Paramount Skydance has announced plans for the future of its streaming services, HBO Max and Paramount+, following its recent acquisition of Warner Bros. Discovery (WBD). The acquisition, valued at $111 billion, was finalized today, concluding a lengthy process that began when Netflix announced its intentions to acquire WBD last year. Netflix later abandoned those plans in February.</p><p>In a statement, Skydance confirmed that all direct-to-consumer streaming services under its ownership, including Discovery+, which was launched by Discovery Inc. in 2021, will be unified into a single service over time.</p>
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Paramount Skydance Announces Unification of HBO Max, Paramount+, and Discovery+ into a Single Service
Paramount Skydance has confirmed that HBO Max, Paramount+, and Discovery+ will be unified into a single streaming service following its acquisition of Warner Bros. Discovery. The merger, valued at $111 billion, was finalized today.
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Paramount Skydance
Warner Bros. Discovery
Discovery Inc.
Netflix
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Original Headline
HBO Max, Paramount+, and Discovery+ "will unify into a single service”
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Paramount Skydance Announces Unification of HBO Max, Paramount+, and Discovery+ into a Single Service