Paramount Plus and HBO Max Will Merge Into One Streaming Service [CNET News]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
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Source: CNET News
Following last week's Netflix drop-out twist that left Paramount Skydance poised to acquire Warner Bros. Discovery, we now know more about what the future holds for streaming services Paramount Plus and HBO Max. The plan is for the streamers to merge into one, Paramount CEO David Ellison said on Monday during an investors' call. "As we said, we do plan to put the two services together, which today gives us a little over 200 million direct-to-consumer subscribers," Ellison said during the call. "We think that really positions us to compete with the leaders in the space."
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