Paramount-Warner Bros. Discovery Merger to Form 'Skydance,' Streaming Services to Combine

David Ellison, CEO of Paramount Skydance, announced the new company name following the acquisition of Warner Bros. Discovery, which is set to complete next week. This merger will combine HBO Max and Paramount+ into a single streaming service, significantly impacting the streaming landscape and subscriber options. The combined service is projected to have approximately 200 million subscribers.