What's old is new again as streaming companies team up to offer content bundles like the days of cable, Hope writes with Axios Pro's Kerry Flynn.

Driving the news: Verizon announced today a bundle of Netflix and Max (both with ads) for $10 per month via its mobile phone plan myPlan.

• Apple and Paramount are reportedly in early talks to tie their services together at a discounted price, per WSJ.
• Disney, which has long bundled its services, agreed to let Charter cable customers access Disney+ and ESPN+ this fall after a blackout.

Be smart: Streaming platforms have been expensive for media giants to build and maintain, but raising prices can turn customers away, especially after they've finished binging specific shows.

• Customers also have a threshold of services they are willing to pay for, so bundles can alleviate that concern.
• On average, cable now costs roughly $105 a month, while U.S. households with at least one streaming platform subscribes to an average of 4.1 services, for about $30 a month, according to S&P Global Market Intelligence.

What they're saying: "It's clear that bundles are here to stay," says Erin McPherson, Verizon chief content officer, per WSJ.

What to watch: Look for bundles to pop up across consumer industries.

• Instacart, for example, just announced a free Peacock membership to compete against Walmart and Amazon's video offerings.

Another big tie-up to talk about today:

• Alaska Air Group agreed to buy Hawaiian Airlines for around $1.9 billion in cash and debt, the companies announced on Sunday, Hope writes with Axios Pro's Michael Flaherty.

By the numbers: Alaska Air has agreed to pay $18 per share in cash for its Hawaiian rival, a premium of around four times the seller's closing price on Friday before the deal was announced.

• Shares of Hawaiian closed up 193% today.
• Alaska Airlines shares sunk 14.2%.

The big picture: U.S. airline carriers have steadily consolidated over the years amid cutthroat competition and price wars, rivalries that only intensified in the post-pandemic travel boom.

What we're watching: The deal still carries conditions, one of which is regulatory approval.

• And with Hawaiian shares closing today 21% below the agreed deal price, investors are signaling it's no sure thing.
• If approved, the transaction is expected to take 12-18 months to close.

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The first several days of the COP28 climate summit have gone relatively smoothly.

• They yielded a deal providing aid to developing countries to better withstand climate change impacts, along with a blitz of side agreements.

Yes, but: The tasks that lie ahead could prove far harder to resolve, Axios' Andrew Freedman writes from Dubai.

The intrigue: COP28 president Sultan Ahmed al-Jaber's newly reported comments that there's "no science" behind the push to phase out fossil fuels could embolden the nations in favor of a fossil fuel phaseout to push for such language in a Dubai agreement.

• A COP28 spokesperson said in an emailed statement that the report was "another attempt to undermine the Presidency's agenda."

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Kiss gave fans a preview of what it might be like to watch them on tour long after they've gone, Hope writes.

Driving the news: At the end of their "End of the Road" final concert Saturday in New York, digital avatars of the band members performed "God Gave Rock and Roll To You."

The big picture: The virtual renderings were created through a partnership by a Swedish company that's also helped ABBA make more than $2 million a week touring as avatars.

"If BTC breaks $46,300, the losses of 2022 will be wiped away."