Skydance to bundle Paramount+ and HBO Max in 2027

Viewers who pay separately for Paramount+ and HBO Max could soon get both on a single bill, as Skydance plans to launch a streaming bundle in early 2027.

The deal would give subscribers access to Tulsa King and The White Lotus under one subscription. How much they could save is still unclear, with Skydance yet to announce a price or confirm an Australian launch.

Mediaweek has contacted Skydance’s Australian team for comment on whether the bundle will be available locally.

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A bundle first, a single service later

Skydance aims to align the two platforms’ underlying technology within a year of the Warner Bros. Discovery acquisition, which closed on 6 October. It has yet to set a launch date for a combined streaming service.

Together, Paramount+, HBO and HBO Max account for 203 million subscriptions globally. Skydance is counting on the combined catalogue to attract viewers and give them more reason to keep paying between seasons of their favourite shows.

HBO Max is already sold in a US bundle with Disney+ and Hulu. Skydance has yet to say whether that arrangement will continue once its own bundle launches.

What the merger means for Australia

The acquisition puts Network 10, Paramount+ and HBO Max under common ownership in Australia. Paramount has said both studios will continue to license film and television titles to third-party platforms and buy programming from external studios and independent producers.

A US federal judge cleared the deal after Paramount reached an antitrust settlement with 12 US states. The settlement requires the company to release at least 30 films a year for the first two years, wait at least 90 days after a film’s cinema debut before putting it on a subscription streaming service, and establish a board to oversee editorial independence at CNN and CBS News.