HBO Max and Paramount+ set to merge under ‘Skydance’ brand

Paramount and Warner Bros Discovery are merging to form a new entity called Skydance, with the deal valued at approximately $110 billion. The acquisition is expected to close on October 6. CEO David Ellison announced that the Skydance brand will oversee the company, which includes the planned merging of the HBO Max and Paramount+ streaming services. This strategic consolidation of major media assets is scheduled for completion next week, unifying several prominent entertainment platforms under one corporate identity.