HBO and Discovery services merge into one – E24
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Loading... - charlie lucas
- 15 Aug 2022
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Discovery+ is a popular streaming service. It has the same owner as HBO Max, and now the two are merging into one platform.
David Zaslav, the chief executive of the merged company Warner Bros. Discovery, announced the change when it reported second-quarter results Thursday, NBC News reports.
The merged service has not yet been given a name.
Worldwide, the two services have a combined 92 million subscriptions, according to the quarterly report. Warner Bros. Discovery hopes to reach 130 million subscribers by 2025.
The company is also considering a free, ad-supported version of the merged streaming service, according to Zaslav.
Merged
In May last year, it was announced that the American telecom giant AT&T’s content service WarnerMedia is merging with Discovery. The stated goal was to create a new streaming giant that could compete with Netflix and Disney+.
Discovery is behind the streaming service Discovery+ and in the Nordics is the owner of TV Norge, Fem and Max. CNN and HBO are owned by WarnerMedia. Read More…
