Skydance to Bundle HBO Max, Paramount+ in 2027
The combined streaming offering is set to launch in early 2027 as the first step toward merging the two services.
Updated on Nov. 9, 2026 in Television
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Skydance revealed in its quarterly earnings report that it will offer HBO Max and Paramount+ together in a single bundle starting in early 2027. The bundle marks the first step toward bringing the two services together.
Why it matters
The bundle would combine two of the largest streaming libraries under one subscription, potentially changing how U.S. viewers pay for streaming content. Skydance also plans to align the backend systems of both services within a year of closing the deal.
Skydance cites a combined 203 million aggregate subscribers across Paramount+, HBO and HBO Max worldwide, based on company figures. The company will no longer disclose subscriber counts, and bundle pricing has not been announced.
The players
Skydance
Skydance is the media company that acquired Paramount and is now leading the consolidation of its streaming services with Warner Bros. content.
The details
Skydance will phase in changes based on consumer feedback during the transition and plans to use its combined technology team and AI tools to speed up backend integration. The promised slate includes 30 theatrical releases spanning Paramount and Warner Bros., with a new movie arriving across the bundled services about every two weeks on average.
Timeline
Early 2027: HBO Max and Paramount+ bundle expected to launch.
Within one year of closing: Paramount+ and HBO Max backend systems expected to be aligned.
Industry Dynamics
The planned consolidation follows Skydance's earlier integration of Pluto TV into Paramount+, which took about 18 months to complete. Combining two large streaming libraries would represent a larger step in the ongoing consolidation of U.S. streaming services.
Viewers who subscribe to both HBO Max and Paramount+ could eventually access both libraries through one bundled subscription. Pricing and tier details for the bundle have not yet been announced.
The takeaway
Streaming consolidation is moving from separate apps toward shared bundles, and the Skydance plan is an early indicator of how that shift may affect subscribers. Watch for pricing and launch details as the early 2027 date approaches.
What happens next
The HBO Max and Paramount+ bundle is scheduled to launch in early 2027, and backend system alignment is expected within one year of the deal closing.
Further reading
Explore more coverage in Television for context on how streaming bundles are reshaping the industry.
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