Discovery to merge with HBO Max after merger with WarnerMedia
Discovery has revealed plans to merge its Discovery+ streaming service with Max to form a single platform after an upcoming merger with HBO parent company WarnerMedia - but won't say if subscription prices will rise.
The network, which will become Warner Bros.
Discovery within the next month, confirmed its plans on Monday to combine the two streaming services into one service, rather than offer the two platforms as a bundle.
Discovery+ is known for its documentaries and factual reality shows, including Chip and Joanna Gaines Fixer Upper series, while HBO is famed for upmarket dramas and comedies, including Sex and the City reboot .
Discovery+ currently costs $4.99-a-month with adverts, or $6.99-a-month without, while HBO Max charges $9.99.
for a service with adverts, or $14.99 for ad-free streaming.
Discovery CFO Gunnar Wiedenfels refused to be drawn on whether the overall package would prompt a price increase, instead choosing to discuss possible ways of 'bundling' both services.
(image: ) The Discovery+ streaming service logo on a smartphone arranged in the Brooklyn borough of New York, US, on Thursday, December 31, 2020
(image: ) HBO Max is set to merge with Discovery to form a single stream platform after the upcoming merger with WarnerMedia for a combined 100 million subscribers
'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,' Wiedenfels said.
'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.'
'So right out of the gate, we're working on getting the bundling approach ready, maybe a single sign-on, maybe ingesting content into the other product, etc., so that we can start to get some benefits early on,' he added.
'But the main thrust is going to be harmonizing the technology platform.
Building one very, very strong combined direct-to-consumer product and platform, that's going to take a while.'
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However, on Monday, Wiedenfels stopped short of saying how much the combined streaming platform would cost consumers, though he did state that Warner Bros. Discovery will provide both ad-free and ad-lite options.
As of now, Discovery + costs $4.99 per month with ads or $6.99 without ads, which accounts for the bulk of Discovery's streaming sub total.
The company had reported 22 million worldwide customers at the end of last year.
Meanwhile, https://egylivesnow3.werite.net/post/2022/05/27/%D9%83%D9%88%D8%B1%D8%A9-2-%D8%AF%D8%A7%D9%8A-Koora2day-%D9%85%D9%88%D9%82%D8%B9-%D9%83%D9%88%D8%B1%D8%A9-%D8%AA%D9%88%D8%AF%D8%A7%D9%8A-%D9%85%D8%A8%D8%A7%D8%B1%D9%8A%D8%A7%D8%AA-%D8%A7%D9%84%D9%8A%D9%88%D9%85-Kora2day-%D8%A8%D8%AB-%D9%85%D8%A8%D8%A7%D8%B4%D8%B1-%D9%83%D9%88%D8%B1%D8%A9-%D8%A7%D9%84%D9%8A%D9%88%D9%85 HBO Max and HBO ended 2021 with a combined 73.8 million global subscribers.
(image: ) Chip and Joanna Gaines are the best known faces of the Discovery network, thanks to their home renovation shows
(image: ) HBO Max is best known for its glossy dramas, including Sex and the City reboot And Just Like that, whose stars Kristin Davis, Sarah Jessica Parker and Cynthia Nixon are pictured in Manhattan during summer 2021
(image: ) Discovery shareholders voted Friday to approve the media company's $43 billion merger with WarnerMedia.
Discovery CEO David Zaslav is seen above
The platform is currently priced at $9.99 per month with ads and $14.99 a month as an ad-free service.
The news comes just days after Discovery shareholders voted Friday to approve the media company's $43 billion merger with WarnerMedia, moving the deal one step closer to completion after the resolution of messy scandals at WarnerMedia subsidiary .
The outcome was all but assured, as two of Discovery's major investors, John C.
Malone and Advance/Newhouse, agreed to vote their shares in favor of the merger. They together represent 43 percent of Discovery's voting shares.
In May, AT&T announced it would spin-off WarnerMedia, whose assets include , CNN and the Warner Bros.
studio, and merge it with Discovery.
Puck media reporter Dylan Byers reported that CNN boss Jeff Zucker and his top lieutenant Allison Gollust were reportedly due to take on senior roles within the new company.
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