Disney+ Bundle: 221.1 million for the company's fiscal third quarter, which ended in June.Here's how the most recent numbers stack up: Disney+ (bundled with Hulu and ESPN) dethroned Netflix from its top spot. After being the king of streaming services for years, it was toppled for the first time this year. Netflix changed the industry when it launched its streaming service. The monthly subscription cost of the upcoming combined streaming service has not been released yet. To reach its goal of 130 million global subscribers by 2025, the company is considering offering a free, ad-supported version of the combined streaming platform. This is in line with some of his top priorities, which is to launch an integrated streaming service and save $3 billion. Zaslav also said that the company would release certain films in theaters first, instead of making them available on streaming platforms at the same time. Since taking over as CEO, Zaslav has shaken things up by canceling CNN+ and shelving Batgirl, DC Comics' Wonder Twins and Scoob!: Holiday Haunt. would be in summer of 2023 and other regions would follow in 2024. Zaslav stated that the launch in the U.S. The new company now owns HBO, CNN, TBS, TNT, Discovery's cable networks like Food Network, HGTV and TLC, and movie/TV studio Warner Brothers.ĭavid Zaslav, CEO of the newly formed company, announced the future merger of HBO Max and Discovery+ as part of their strategy to maximize their reach to viewers. Discovery, one of the largest media companies. This past April Discovery acquired WarnerMedia from AT&T, forming Warner Bros.
If you are a subscriber like me, what does this mean for you? New streaming service by summer 2023 Warner Brothers, the parent company for both HBO Max and Discovery+, announced that both streaming services will merge into one. Check out our pick for Best Cash Back Card of 2022Įnjoy watching Game of Thrones, the DC Superhero movies, and Harry Potter? You can watch them on HBO Max now, but this time next year HBO Max will be no more.
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