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...

HBO Max and Discovery+ merging into one service next year

Michail 05 August 2022

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.

Warner Bros Discovery Q2 2022 earnings report

Related articles

Reader comments

?
  • Anonymous
  • niJ

As Hbo Max customer i hope price will not go up because discovery plus has nothing for me. But i just hope in the future we could have like only 1-4 services because there is just too many of these!

?
  • Anonymous
  • 63x

This sounds like a good deal. No need to have two different account.

?
  • Anonymous
  • Lkg

Warner wastes too much money on unnecessary thing. - Batgirl movie canceled after spending $90 mi. - Justice League Snyder Cut - HBOMax has few lame production in Latin America Discovery waste money on dumb stuff like that show abo...

Total reader comments: 6

ADVERTISEMENTS