HBO Max and Paramount Plus could become one streamer

Now that Paramount Skydance has become the frontrunner to buy Warner Bros. Discovery , CEO David Ellison wants the two studios' streaming services to become one. During a call with investors on Monday, Paramount Skydance

What happened

This is a SiliconReport briefing based on the sources linked below.

Why it matters

If this holds up, it impacts the AI stack (models, infrastructure, and startups building on top).

Sources

• https://www.theverge.com/streaming/887538/paramount-plus-warner-bros-hbo-max-merging
• https://www.theverge.com/entertainment/886478/warner-bros-discovery-paramount-merger-agreement
• https://www.theverge.com/entertainment/845532/larry-ellison-paramount-wb-netflix-takeover-oracle
• https://variety.com/2026/streaming/news/hbo-max-paramount-plus-combine-streaming-1236676645/