I doubt they’ll merge tenplay and soon to be launched all access, the latter being an over the top subscription service with premuim catch up on past shows which I’m sure they’re securing a back catalogue of local content currently as well as international from CBS’ vast library of content which isn’t tied up in deals down under already.
They will also likely go down the route of commissioning local series to be exclusive to the service (possibly airing the first episode on tv then the rest on all access like they’ve done in the US) to launch the platform and drive subscriptions which is ultimately what the aim of this all is.