HBO Max and Paramount+ Are Officially Headed for the End of an Era

It’s been just over a month since the merger between Skydance and Warner Bros. was finalized, yet the full impact of the over $110 billion megadeal is only just beginning to be felt. David Ellison‘s combined media giant agreed to produce and release a slate of at least 30 films a year, which should be easy to accomplish with both WB and Paramount remaining creatively independent from one another and 2027 already having 36 projects lined up. To fit the companies together, however, Skydance is seeking to cut $6 billion in costs, which has so far resulted in layoffs across all sectors of the company, most recently at Skydance Games. Changes are also coming to the company’s streaming strategy.