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Discovery+ has increased its monthly subscription prices, with the ad-free plan rising from $10 to $12 and the ad-supported tier from $6 to $7. New subscribers face the higher prices immediately, while existing customers will get 30 days' notice, with new billing starting November 12. The increase comes about a week after Paramount Skydance completed its acquisition of Warner Bros. Discovery, Discovery+'s parent company.
Discovery Plus is increasing its subscription costs, with the ad-supported plan rising from $5.99 to $6.99 per month and the ad-free tier going from $9.99 to $11.99 per month. New subscribers will see the higher prices immediately, while current subscribers will be charged the new rates on or after November 12th. This marks the platform's first price hike since January 2025.
The Skydance-Paramount merger with Warner Bros. Discovery officially closed, creating a combined entertainment company that will operate under the Skydance name. The deal, led by David Ellison, consolidates two storied Hollywood studios—Paramount and Warner Bros.—under new ownership tied to Oracle co-founder Larry Ellison's family.
Workers in Burbank installed a small line of text beneath the Warner Bros. logo on the studio's water tower, signaling the company's new ownership by Paramount Skydance following an $81 billion deal. The rebranding is currently understated, focusing on consolidating Warner Bros., Paramount+, and related networks under a unified corporate family.
The recent merger of Paramount Skydance and Warner Bros. has been finalized, raising questions about the future of Paramount+ and HBO Max. The newly combined entity has not yet detailed its plans for these streaming platforms, but some form of unification is anticipated. The deal was completed on Tuesday, marking a significant shift in the media company's structure.
Skydance-owned Paramount has completed its $81 billion purchase of Warner Bros. Discovery, a deal valued at $111 billion including debt. The combined company now holds a broad portfolio spanning film franchises, television networks including CNN, and streaming services such as HBO Max.
Paramount Skydance has officially closed its merger with Warner Bros. Discovery, beating out a rival Netflix bid, and now controls HBO, CBS, CNN, TNT Sports and franchises like Harry Potter and Star Trek. The deal, backed partly by Saudi Arabia, Qatar and the UAE, pushes Skydance's debt close to $80 billion, and executives say the combined company plans to eventually merge HBO Max, Paramount+ and Discovery+ into one service.
Paramount Skydance confirmed it has completed its acquisition of Warner Bros. Discovery, finalizing the $111 billion merger that followed Netflix's abandoned bid for WBD earlier this year. The newly combined company announced that its streaming properties—HBO Max, Paramount+ and Discovery+—will eventually be folded into a single unified streaming service.
Skydance confirmed completion of its $110 billion acquisition of Warner Bros. Discovery and said its streaming services—HBO Max, Paramount+ and Discovery+—will eventually unify into a single platform. The company gave no timeline, name, or pricing details for the combined service. Skydance also recently named HBO CEO Casey Bloys as Co-Chair and Chief Content Officer of its direct-to-consumer division.
Paramount, now controlled by Skydance, has officially closed its $81 billion takeover of Warner Bros. Discovery. The combined company will operate under the Paramount Skydance banner, according to the announcement.
Paramount Skydance closed its $111 billion merger with Warner Bros. Discovery after the Supreme Court declined to block it, with Justice Elena Kagan rejecting a last-minute appeal. The combined company, renamed Skydance, now owns Paramount+, HBO Max, CBS, CNN, and sports networks including CBS Sports and TNT Sports. The deal faced a multistate antitrust lawsuit, which California and other states settled last month after a federal judge approved the settlement on September 30.
Skydance has finalized its acquisition of Paramount and Warner Bros., taking control of major film studios, networks, and streaming platforms. The merger creates a media giant with a portfolio including DC, Harry Potter, and Star Trek, and will trade on the NYSE under the ticker SKYD. The deal adds significant content assets but also leaves the company with $80 billion in debt.