Skydance said Monday it plans to sell HBO Max and Paramount+ together in early 2027, its first step toward combining the streaming services after its October acquisition of Warner Bros. Discovery. The company did not disclose a price, an exact launch date or which markets would get the bundle first.
In its Nov. 9 letter to shareholders, Skydance said it aims to align the technology behind the two services within a year of the deal’s Oct. 6 closing. That target applies to the underlying systems, not to the launch of a single app. The company did not say what the bundle would mean for existing subscribers’ accounts or plans.
Skydance also said it has put its television and streaming businesses under a common leadership structure to coordinate distribution, advertising and content sales. It is targeting at least $6 billion in annualized savings within three years, net of reinvestment. The plan calls for reducing annual technology spending by at least $1.4 billion through measures such as consolidating streaming systems and broadcast infrastructure. The letter did not give a companywide job-cut figure.
Related: Paramount completes Warner Bros. Discovery takeover, creating Skydance.