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On top of the multitude of changes and restructuring from the acquisition of Warner Bros. by Paramount Skydance, now colloquially known as Skydance, an update has now come on the streaming side of the merger. The company will be merging Paramount+ and HBO Max over time, reportedly starting with offering a bundle of the streaming services in early 2027. It is currently unclear how these changes may affect the Disney+, Hulu, and HBO Max bundle. Skydance CEO David Ellison stated in a press release (via Deadline), “Long-term, the plan is basically to bring them together. It’ll take a period of time to do that." The CEO added that they are "aiming to align [the streaming platforms'] backend systems within a year of closing."
On a Wall Street earnings call, Ellison elaborated, describing the bundling process as "our first step towards unifying the two services," and said they believe consumers will enjoy the outcome. He continued, "By bringing these services together, we are well positioned to deliver for a broad range of audience cohorts. And given this, we really do expect to grow region engagement, improve retention, and increase revenue and profitability, and line with, or ahead of the leading competitors over the long term." Ellison also mentioned that pricing plans will be phased in. Ellison did not mention any changes to content offerings at this time.
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