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Discovery+ subscription prices rose by up to 20 percent, with ad-free plans moving from $10 to $12 per month, shortly after Paramount Skydance completed its merger with Warner Bros. Discovery.
Discovery Plus is raising prices on both its ad-supported ($6.99/month) and ad-free ($11.99/month) plans, weeks after Paramount completed its acquisition of Warner Bros. Discovery and announced plans to eventually merge Paramount Plus and HBO Max.
Paramount Skydance, created from the completed $111B merger with Warner Bros. Discovery, announced that HBO Max, Paramount+, and Discovery+ will eventually unify into a single streaming service, replacing earlier speculation about a Disney-style bundle.
After winning the $81 billion bidding war for Warner Bros. Discovery, Paramount CEO David Ellison—son of Oracle co-founder Larry Ellison—now faces the real test of successfully integrating this massive deal.
Paramount has completed its $110 billion acquisition of Warner Bros. Discovery, forming a combined company called Skydance led by David Ellison and Ynon Kreiz, putting major studios, networks, and streaming brands like HBO, CBS News, and CNN under one roof after settling antitrust suits from 12 states.
Sling TV has discontinued its Sling Passes, which let viewers watch channels like ESPN and CNN via one-day, weekend, or week-long passes, following lawsuits from Disney and Warner Bros. Discovery over the short-term cable bundles.
Paramount is appointing Mattel chairman and former CEO Ynon Kreiz as co-CEO alongside David Ellison, ahead of the close of its $110 billion merger with Warner Bros. Discovery. Kreiz will handle day-to-day management and integration, while Ellison focuses on long-term strategy, and a judge has approved Paramount's settlement with states that had blocked the deal.
The UK government is likely to intervene in Paramount's $111 billion takeover of Warner Bros. Discovery, citing concerns about media plurality and ownership in the UK.