Historical movement in the streaming platforms industry. Last March, Warner Media merged with Discovery to create an entertainment giant that could rival any service like Netflix or Disney+. And now, they’ve confirmed what we’ve all been waiting for: HBO Max and Discovery+ will join forces to create a single streaming platform.
The company’s CEO, David Zaslav, and head of publishing, JB Perrette, announced this merger and future changes to its service during a phone call with investors to present the company’s latest financial results.
Warner prefers Netflix and Disney+
The company’s idea will be Offer the full HBO Max and Discovery+ catalog Through a new platform that will reach the United States in early 2023, Latin America in the fall, and the European market, including Spain, in early 2024 with full probability.
Wafner Media’s goal. discovery To reach 130 million subscribers by 2025, It’s still behind more than 200 million Netflix customers, but it’s still an ambitious figure.
Best of all, this new service There would be three payment methodsAs David Zaslav and JB Perrette pointed out. That way, an ad-free subscription model would be a subscription model with some ads, and they even raised the possibility of starting with a free fee and ads with less content than the other two options, but that would serve as an option. gateway for many users who can sign up for the platform.
On the other hand, David Zaslav and JB Perrette did not hesitate to respond to investor doubts, and one concern was with the big productions. The owners of HBO Max have made this clear. they will not continue to bet on such movies for streaming platforms They canceled Batgirl because it wasn’t profitable for them.
In this way, the next big Warner Media productions would go to the cinema first and reach HBO Max after 45 days. They also answered the question of whether the HBO brand will continue to exist. They stated that there is currently no official name for this new service, but they made it clear that their emblematic brand will continue to exist.
Finally they promised the new app will be more complete than ever and it will have the capacity to add services from Warner Media partners so that its catalog can be expanded further.
We’ll have to wait until the end of the year when David Zaslav and JB Perrette reveal more about this service.but what we’ve seen so far looks really good.
Source: Cincodias Elpais
