Skydance announced on Monday that HBO Max, AEW’s current streaming service, and Paramount+ will be sold together in a single package starting in early 2027. The news was revealed in the company’s third quarter financial report.
David Ellison, the CEO of Skydance, emphasized on the earnings call that the package is only the first step toward turning the two platforms into one.
“Bundling is our first step towards unifying the two services,” Ellison said.
Skydance expects the single service to debut in about a year, because the plan is to have the HBO Max and Paramount+ systems aligned within 12 months of closing its Warner Bros. Discovery acquisition on October 6. But the company didn’t say how much the package will cost, what the new service will be named, or if it will keep the HBO Max brand. HBO Max and Paramount+ have a combined 203 million subscribers around the world.
AEW will be directly affected by Skydance’s plans. Dynamite on TBS and Collision on TNT also stream live on HBO Max. The platform has the AEW archive and has sold the company’s PPVs in the U.S. since All Out in September 2025.
Tony Khan has talked about the merger before and said it should mean more viewers for AEW’s shows and PPVs.
“With the power of HBO Max and Paramount Plus together, it’s more buyers for our PPVs and more people watching the AEW shows,” Khan said. “I think it will make TBS and TNT stronger cable channels with Paramount and David Ellison coming in.”
AEW’s current contract with the former Warner Bros. Discovery runs through December 31, 2027, and Skydance holds an option year for 2028. That means the single service should debut a few months before the deal was originally set to expire.