New information on what the future of streaming services HBO Max and Paramount+ might look like under a potential WB-Paramount merger has come to light.
What could happen to HBO Max and Paramount+ if WB and Paramount merge?
According to a new report from Bloomberg, Paramount Skydance, which has been making escalating offers to Warner Bros. in an effort to acquire the company over the past month, would plan to keep most of the company intact.
When it comes to streaming services specifically, though, Bloomberg notes that David Ellison’s plan would see HBO Max merge into the existing Paramount+ platform.
Under this new merger, Paramount+ would house all of the offerings of the company and, according to Bloomberg, the idea would be to have Paramount+ be seen as a more compelling option for subscribers going forward. No official confirmation on a merger has been made yet, but Paramount continues to be fairly aggressive in its efforts to acquire the company.
Earlier this week, reports surfaced that Paramount had made a third offer to WB, with other companies like Netflix, Amazon, and Comcast all keeping an eye on the situation.
Currently, reports suggest that an acquisition would see Paramount retain all of the cable networks from WB, and not spin off or sell any of them.
(Source: Bloomberg)
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