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    Thursday, June 20, 2024

      HBO Max and Discovery+ Will Merge Into a Single Streaming Platform Starting 2023 | Details Inside

      HBO Max and Discovery+ will combine into a single brand starting the summer of 2023. In a Q2 2022 earnings call webcast, Warner Bros. Discovery details its expansion plans, following a merger earlier this year.

      The currently unname platform, head by CEO David Zaslav, will first release in the US, after which it will move into other regions.

      David Zaslav Said :

      “With respect to streaming, our main priority right now is launching an integrated SVOD [subscription video on demand] service,”.

      “Our streaming strategy has evolve over the past year and really reflects the importance of rather than the dependence on this segment of our global content monetization plan.”

      According to the expansion plans laid out by Warner Bros. Discovery, US citizens get the first treatment in Summer 2023, as HBO Max initially launch there.

      Latin America will receive the mash-up version in fall 2023, while Europe get their share in early 2024.

      Both regions got access to HBO Max months after the original launch, with the latter (Europe) being restrict to a handful of countries.

      As, there is no mention of countries, but the presentation notes 7 markets within the Asia-Pacific region, that will gain access to the new streaming platform in mid-2024.

      Discovery+ has around in India for good while, there’s no word of an HBO Max launch in India.

      A leak survey from the WarnerMedia-own company suggest pricing, but it was a moot point as HBO Max remains focus on Europe and other markets for now.

      As of now, HBO Max has ink a deal with Amazon Prime Video in India.

      The Discovery+ and HBO Max mega-merger will also expand further in autumn 2023 in four new unname markets.

      ALSO READ  Full List of Movies as Netflix Unveils 2023 Movie Slate with 49 Titles

      As there is no word on pricing or the subscription system, but the company is exploring multiple tiers within them.

      The product is being market as “efficient, scalable, and resilient,” bringing the “best of both” platforms to smart devices.

      Modular capabilities include both on-demand and live broadcasts, with multi-tier sports content.

      As for the basic plans, they will range between ad-free, ad-lite, and ad-only options, the latter of which would be the cheapest alternative.

      Discovery and WarnerMedia’s merger was announce back in May, with AT&T getting out of the entertainment business.

      AT&T is focus on building 5G towers in the US, the WB sale ensures cash flow.

      Warner Bros. Discovery was predict to spend $20 billion (approx. Rs. 1,46,425 crores) for content annually, which is more than Disney and Netflix’s expenses.

      As part of the merger, the studio also cancel Wonder Twins, Batgirl, and Scoob! Holiday Haunt, as the films did not match their vision to maximise results.

      Reports suggest that Batgirl was in the final stages of post-production, during which it went through a private screen test to emerge as an “irredeemable” film.

      The studio will also divert focus on theatrical releases instead of streaming, with a 10-year “reset” plan schedule for DC Comics films.

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