HBO Max and Discovery+ merging into one service next year
Warner Bros Discovery held its Q2 earning call yesterday and CEO David Zaslav confirmed new plans for the media giant’s streaming platforms. HBO Max and Discovery+ will merge into one service which will be available from summer 2023.
The move is based on HBO Max’s performance issues which saw regular crashes during big show releases. Zaslav confirmed that Discovery+ would be the core of the new streaming platform due to its superior tech stack while the entire HBO Max catalog will be carried over.
Warner Bros Discovery reported a Q2 net loss of $3.4 billion and the CEO confirmed the plans to cut back spending on new projects. The upcoming Batgirl and Scoob!: Holiday Haunt movies were recently scrapped earlier this week.
Warner gained a combined 1.7 million HBO Max and Discovery+ subscribers over the past three months and is reportedly at 92.1 million subscribers globally. The company has also set a target of 130 million subscribers by 2025.
Reader comments
- S Yu
- vU9
The TV market is completely different from how it was 4 years ago. Frankly they're just panels, you look for your own content anyhow, but a sufficiently big, modern(as in current-gen) screen, and matching audio, absolutely cannot be substituted ...
- AnonD-1037771
- 0Ca
I actually have one 3D TV and a few regular smart TVs (Samsung and Sony). But for about 4 years they're just gathering dust and are unplugged. There's nothing interesting on TV and to be frank, I got bored of watching 1 hour or even more of...
- Vegetaholic
- C9n
Absolute shit show. Considering HBO released one of the best ever TV shows on the planet, should focus on that not the shits you listed.
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