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HBO Max and Paramount+ Merger: What Subscribers Should Know

Paramount's deal to buy Warner Bros. Discovery is close to the finish line. That puts HBO Max and Paramount+ under one roof. If you pay for one or both, you probably want to know whether your app, your login, or your monthly price is about to change.

Here's what's confirmed, what's only reported, and what's still guesswork, as of September 30, 2026. We'll also cover a few smart moves to make with your streaming budget while the details get sorted out.

The quick version

Where the merger stands

Paramount Skydance agreed to acquire Warner Bros. Discovery earlier this year. Federal regulators at the Department of Justice cleared the deal in June. In July, a coalition of 12 states led by California sued to block it.

On September 21, Paramount and the states announced a settlement. It includes five years of commitments on film output, rules for how the two companies' cable channels are sold to TV providers, and protections for Pluto TV's free streaming service. Because it's a court settlement, the judge overseeing the case has to sign off.

That approval hasn't happened yet. On September 24, the judge asked both sides to answer questions raised by Sen. Cory Booker before she rules. On September 28, the companies and the states filed their responses and asked her to approve the deal. Paramount has said it expects the merger to close in early October, but until the judge rules, the timing isn't locked in.

Will HBO Max and Paramount+ become one app?

Possibly, but not right away. Paramount CEO David Ellison and other executives have talked about merging HBO Max's library and technology into Paramount+. It's not clear whether that's still the plan, and the company hasn't announced a name, launch date, or pricing for any combined service.

There's also news about who might run it. According to published reports, Ellison picked HBO's longtime content chief, Casey Bloys, to oversee the combined company's streaming business. Paramount hasn't officially announced that role, so treat it as reported, not final.

Even if the apps do combine, big streaming changes usually take months. Accounts, billing systems, and apps on every TV platform have to be moved over. When other services have merged apps, subscribers generally got advance notice and instructions for moving their accounts.

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What could change for subscribers

Nothing below has been announced. These are the areas to watch once the deal closes:

How you pay makes a difference

Many people don't pay HBO Max or Paramount+ directly. Your subscription might come through a cable or satellite TV package, an internet or phone provider perk, or an app store or streaming-device channel store. If so, any changes will usually reach you through that company first.

A few tips:

Smart moves while you wait

Frequently asked questions

Is HBO Max going away?

Not now. HBO Max is still available as its own app. Paramount has discussed combining it with Paramount+ someday, but nothing has been announced, and the merger hadn't closed as of September 30, 2026.

When will the Paramount and Warner Bros. Discovery merger close?

Paramount expects it to close in early October 2026. It still needs a federal judge to approve its settlement with 12 states, and she hasn't said when she'll rule.

Will HBO Max or Paramount+ get more expensive?

No price changes tied to the merger have been announced. Streaming prices tend to rise over time, and a combined service could be priced differently, so keep an eye on your email.

Do I need both HBO Max and Paramount+?

For now, yes, if you want everything on both. They remain separate services. If they combine later, one subscription may cover both libraries, but that hasn't been confirmed.

Will Pluto TV stay free?

Under the settlement, the combined company must keep a free, ad-supported streaming service at its current quality or better for five years, once the settlement is approved.

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