HBO Max-Paramount+ Bundle Set for 2027; AEW Streams on HBO Max

Summary: Skydance said on Monday, Nov. 9, that HBO Max and Paramount+ will be sold as one bundle starting in early 2027. AEW's Dynamite and Collision stream on HBO Max. The reports we read give no price, date or AEW plan.

The quick version

  • Skydance said in its Nov. 9 shareholder letter that HBO Max and Paramount+ will be offered in a single bundle "starting in early 2027," per Ringside News and Cosmic Book News.
  • No price or launch date was announced, per CNN and Deadline.
  • AEW's Dynamite and Collision air on TBS and TNT and stream on HBO Max. The reports we read do not say the letter mentions AEW.

Skydance, the company formed when Paramount bought Warner Bros. Discovery in October, said on Monday, Nov. 9, that it will sell HBO Max and Paramount+ together as one bundle starting in early 2027. It said so in its first shareholder letter since the merger, released with its third-quarter results, per CNN and Deadline. HBO Max is where AEW's Dynamite and Collision stream in the United States.

What Skydance said

The letter calls the bundle the "first step toward bringing together Paramount+ and HBO Max," per Cosmic Book News. It adds: "Starting in early 2027, consumers will be able to subscribe to both world-class streaming services at an even greater value." The company says it will share more on "the bundle and our streaming roadmap in the coming months."

On the earnings call, CEO David Ellison called the bundle "our first step towards unifying the two services," per Deadline. CNN says he told analysts the services will "converge" about a year from now. TheWrap says the letter aims to align the two services' back-end systems "within a year of closing." CNN says Skydance gave no pricing on Monday.

Business Insider lists today's prices as $10.99 a month with ads or $18.49 ad-free for HBO Max, and $8.99 with ads or $13.99 ad-free for Paramount+. That is about $20 and $32.48 a month for both. We read that report only as a search excerpt.

Where AEW fits

Dynamite airs Wednesdays on TBS and Collision airs Saturdays on TNT, and both stream on HBO Max, per Ringside News and our earlier AEW stories. Ringside says Skydance has not announced any plan to remove AEW programming.

The length of AEW's deal is reported two ways. F4W Online reported on Sept. 28, as relayed by Wrestleview, that the deal expires at the end of 2027 with an option year held by Warner Bros. Discovery. Wrestling Inc says on Nov. 9 that the deal keeps the shows on TNT and TBS "through at least 2028." We could not reconcile the two.

AEW has already shown a small tie-in with the new owner. Dave Meltzer said on Wrestling Observer Radio, per Wrestling Inc, that the Survivor footage in AEW's Brady Booker video on Collision was "the first cooperation" with Paramount properties. See our Booker story.

CNN says Skydance has promised at least $6 billion in savings from the merger, through layoffs, fewer management layers, shared real estate and other steps. Ringside News adds that CBS Sports and TNT Sports are being brought together under one operation. We did not find that in the other reports.

What is not known

  • The bundle price, the launch date within early 2027 and what happens to current subscribers.
  • Whether the HBO Max name survives the planned combination, which Ringside says Skydance has not said.
  • Whether AEW's shows or pay-per-views change. AEW has not commented in the reports we read.
How we know

Source: Skydance's shareholder letter and earnings call as quoted by CNN, Deadline, TheWrap, Cosmic Book News and Ringside News. We did not read the letter itself. Deadline's page was cut off partway, and TheWrap's and Business Insider's pages would not open, so we used their search excerpts. Nothing in this story is a rumor.

Sources

How we credit sources: Editorial standards.

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