Why the Paramount-HBO Max Merger Has Everyone Talking

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Skydance CEO David Ellison doubled down on his plans to combine HBO Max and Paramount+ into a single streaming service – sparking questions about how much the mega-streamer could cost fans.

Ellison’s $81 billion merger of Paramount and Warner Bros. Discovery officially closed Tuesday, forming a new media behemoth called Skydance, after months of antitrust roadblocks.