Blends of polystyrene/poly(methyl methacrylate) (PS/PMMA) (30/70) prepared by simple melt mixing form a droplet (PS) in‐matrix (PMMA) morphology. It is found that addition of a carefully designed copolymer PS‐b‐P(S‐ran‐MMA) (SSM) compatibilizer could convert the morphology into a co‐continuous system. Indeed, the continuity of the dispersed PS phase increased with an increase in PS‐b‐P(S‐ran‐MMA) content, and a fully co‐continuous morphology (continuity = 100%) was obtained at 20% SSM fraction with a characteristic size of 100 nm.