The move follows Paramount Skydance's $77bn deal for Warner Bros. Discovery, expected to close in the third quarter of 2026, and would create a platform with more than 200 million direct-to-consumer subscribers.
BET+ is also being folded into Paramount+, while HBO is expected to retain some brand independence within the combined streaming structure.
Regulatory approval is still required, a consumer lawsuit seeks to block the takeover, and no launch date or pricing has been announced as technical integration may run into 2027 or later.
Will the $110 billion merger of streaming giants ultimately lead to higher subscription prices for viewers?
Does Hollywood's latest mega-deal signal a new era of creativity or an industry consolidation that hurts viewers?