HBO Max and Discovery Plus announce merger

hbo max And Discovery+ Warner Bros. Discovery made the announcement in a press release on August 4. Combined streamers will include shows from HBO, CNN, DC Comics, Discovery Channel, Food Network, HGTV, Magnolia Network, OWN, TBS and TNT.

That means popular shows from each service like “excitement“90 Day FiancĂ©” from HBO Max and from Discovery+ will live on the new platform, which has yet to be named. Both HBO Max and Discovery+ reach a combined 92 million subscribers according to quarterly earnings reports, and the company expects to reach 130 million global subscribers by 2025, Zaslav said. They are considering adding a free streaming tier with commercials, in addition to the paid service on the newly combined platform.

It was announced days after Warner Media announced that it was planning Scraping “Batgirl” and “Scoobs!: Holiday Hunt,” movies that were made for HBO Max. This could all be part of Zaslav’s efforts to save $3 billion, which he promised when WarnerMedia and Discovery Inc merged in April. wrap,

Discovery CEO Jean-Briac Perret said he expects the new streamer to be the best of both worlds. “We recognize that there are deficiencies in both of our existing products,” he said during the call. “HBO Max has a competitive feature set, but has performance and customer issues. Discovery+ has best in class performance and consumer ratings, but has more limited features.”

The announcement came shortly after rumors of HBO Max’s outright disbandment spread, when the streamer had secretly Warner Bros. removed six films And announced that “Batgirl” would be scrapped.

Image Source: Warner Media

Leave a Comment