HBO Max and Discovery(plus) are expected to merge into one streaming service, according to a statement from Warner Bros.


HBO Max and Discovery(plus) are expected to merge into one streaming service, according to a statement from Warner Bros.

The Warner Bros.

In the coming year, Discovery will unify its streaming platforms by combining its HBO Max and Discovery(plus) offerings.

The combined services will go live next summer, with releases scheduled for Latin America, Europe, and other markets through 2024 as the company aims to reach 130 million subscribers by 2025, according to CEO David Zaslav, who spoke on a conference call to discuss the company’s quarterly earnings on Thursday.

The new Subscription Video on Demand (SVOD) service will offer versions that are ad-free, ad-lite, and free with ads, as well as the complete libraries of both streaming services.

Zaslav stated on the call that the introduction of an integrated SVOD service is currently our top priority with regard to streaming.

“Once our SVOD service is firmly established in the market, we see real potential and are exploring the opportunity for a fast or free ad-supported streaming offering that would give consumers who do not want to pay a subscription fee access to great library content, while at the same time serving as an entry point to our premium service,” the company said.

However, Zaslav said nothing about the company’s plan to find (dollar)3 billion in savings, which will lead to layoffs, as he praised the new services, which do not yet have a name.

After Discovery completed its (dollar)43 billion acquisition of ATandamp;T’s WarnerMedia in a deal announced in May 2021, the two services were expected to merge.

The merger occurs just as a number of other cost-cutting measures appear to be taking effect, including the shocking announcement that the (dollar)90 million DC Batgirl girl film has been canceled.

Productions being canceled and content being deleted in an effort to claim tax deductions are additional indications of “distress.”

HBO Max is rumored to have covertly taken six original movies off the streamer.

Everybody at Warner Bros.

An insider told The Wrap that Discovery is anxious right now and that employees are beginning to consider other employment opportunities in case they lose their jobs.

“Sounds like they’re no longer doing HBO Max scripted shows with HBO taking over, so less scripted shows overall,” one user commented.

There will be layoffs, they continued, and “all I know is that they’re folding HBO Max into HBO.”

The primary cause of the rumored impending layoffs is said to be the redundancies, something Zaslav and other company executives have experience with thanks to their decision to shutter the improbable CNN(plus) streaming service one day after it had been introduced.

The organization’s response to the pandemic began when former chief executive Jason Kilar was in charge.

Kurzfassung der Nokia-News.

Warner Bros. Discovery CEO David Zaslav confirmed the merger of the HBO Max and Discovery+ services into one streaming platform next summer The unnamed service will also launch in Latin America, Europe and other markets as it hopes to get 130 million subscribers by 2025While announcing the merger, Zaslav failed to mention how the company was going to find $3 billion in savings, as layoffs are expected On Wednesday Warner Bros. Discovery revealed the $90 million superhero film Batgirl had been axed by the studio and will not be released in any format


Comments are closed.