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# Merging Paramount+ and HBO Max will be a subscriber-math headache
- URL: https://www.medianexis.com/merging-paramount-and-hbo-max-will-be-a-subscriber-math-headache/
- Published: 2026-10-08T22:58:51.000Z
- Updated: 2026-10-09T00:07:07.000Z
- Description: Simon Owens’s Media Newsletter argues that Skydance faces a logistical mess in combining Paramount+ and HBO Max, since tens of millions of logins run through third parties like Amazon Prime that don’t share billing data.
- Author: The Signals Desk
- Tags: Streaming, Simon Owens, Paramount buys Warner Bros. Discovery and becomes Skydance

**Why it matters.** Skydance risks losing billions in overlapping-subscriber revenue unless it finds a way to merge the two services without mass cancellations.

*Signal from* [*Simon Owens's Media Newsletter*](https://simonowens.substack.com/) *·* [*Simon Owens*](https://www.medianexis.com/tag/by-simon-owens/) *·* [*read the original*](https://simonowens.substack.com/p/the-mashup-of-paramount-and-hbo-max)*.*