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Paramount Plans To Combine HBO Max and Paramount+ Into Single Streaming Service

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With Paramount Skydance now officially in the process of acquiring Warner Bros. Discovery, more details about post-merger life are starting to come to light. From the streaming perspective, one of the major changes will be the launch of a new single streaming platform.

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  • Paramount intends to combine HBO Max and Paramount+ into one global platform positioned as a major competitor.
  • The merged company would control an exceptionally large content library, including more than 15,000 films, thousands of TV hours, and major franchises.
  • Pricing and product structure remain uncertain, but the scale of the combined platform suggests subscription costs may rise.

Following the news last week that Netflix was pulling out of the race to buy Warner Bros., Paramount’s path to complete its purchase became clearer.

In fact, Paramount recently issued a statement confirming its intention to purchase Warner Bros. Discovery and create a “next-generation global media and entertainment company.”

As part of that plan, Paramount also confirmed how it intends to establish a new “global streaming competitor.”

Per the information, Paramount intends to combine its existing assets with those of Warner Bros. Discovery through the creation of “a premier direct-to-consumer platform.”

The plan is to combine HBO Max and Paramount+, and potentially Pluto TV, into a single streaming platform and service. According to Paramount, the “integrated platform” will provide a “superior user experience.”

Whether or not this also means HBO Max and Paramount+ will continue to be offered as standalone products at the same time remains to be seen, but seems unlikely.

What is clear is that the combining of the two companies will result in a huge library of content. A library of more than 15,000 movies and thousands of hours of television programming, according to Paramount.

Not to mention, a home to a variety of popular franchises including Harry Potter, Mission Impossible, Lord of the Rings, Game of Thrones, the DC Universe, Teenage Mutant Ninja Turtles, Transformers, Star Trek and SpongeBob SquarePants.

This is all also in addition to a varied selection of sports rights, including the NFL, Olympics, UFC, PGA Tour, NHL, Big Ten and Big 12 Football, NCAA College Basketball, and Champions League.

With so much content to pull from, it stands to reason that the combining of these services will also result in an increase in cost.

By how much remains unknown right now, as does any potential launch date of a new single streaming platform. Especially considering the merger, which is expected to close in Q3 2026, is still subject to regulatory hurdles.

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John Finn is the Editor of Streaming Better, a platform created to help consumers navigate the complicated live TV streaming and subscription service market. John has been covering technology and streaming for online publications since 2014.

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