Skydance Overhauls Warner Bros. After Takeover: Paramount+ and HBO Max to Join Forces in 2027

(Image courtesy of Skydance)

After acquiring Paramount Pictures and Warner Bros. Discovery in successive deals, Skydance Media unveiled a sweeping internal overhaul today. Beyond a leadership change at DC Studios, the company also confirmed that its streaming operations are headed for a major consolidation. In a shareholder letter issued Monday in the U.S., Skydance said: “Beginning in early 2027, consumers will be able to subscribe to both world-class streaming services at a better value.” The company added that more details about subscription packages and its streaming roadmap would be announced in the coming months.

(Image courtesy of Skydance)

The services named in the letter are, of course, Paramount’s Paramount+ and Warner Bros.’ HBO Max. Skydance CEO David Ellison said in March that he intended to combine the two streaming brands, but Monday’s announcement marks the first time the company has confirmed plans to launch a joint bundle in early 2027. Skydance has yet to clarify whether HBO Max’s existing bundle with Disney+ and Hulu will be discontinued.