HBO Max and Discovery+ Are Merging Into a Single Streaming Service
Written by SOURCE on August 4, 2022
Warner Bros. Discovery has announced plans to combine HBO Max and Discovery+ into a single streaming service, Variety reports.
Warner CEO David Zaslav confirmed the news during a second-quarter earnings call on Thursday. The media corporation hasn’t announced the name of the forthcoming platform, but said it will launch in the U.S. next summer.
“One of the most important items here is that we believe in a combined product as opposed to a bundle… We believe that the breadth and depth of this content offering is going to be a phenomenal consumer value proposition,” Discovery CFO Gunnar Wiedenfels told Variety. “The question is, in order to get to that point and do it in a way that’s actually a great user experience for our subscribers, that’s going to take some time. Again, that’s nothing that’s going to happen in weeks — hopefully not in years, but in several months — and we will start working on an interim solution in the meantime.”
This story is being updated.
