Discovery Q2 earnings call CFO Gunnar Wiedenfels basically declared it has intent to cut down on kids and animation content "without an adequate investment case against them." In other words, animated content that won't be huge will not be developed. Plus, new movies are no longer guaranteed to come out on HBO Max 45 days after their theatrical release. The Batgirl and Scoob! sequels were canned, and six Max Original films have disappeared as well. Things aren't starting off well for creatives. Those paying closer attention will be wondering how shows and movies could suffer in David Zaslav's era. Some people exist in the Venn diagram that shows interest in HBO Max and Discovery Plus, but that's just a small fraction of the folks, as explained above. The biggest concern customers probably have is being forced to pay more for content they don't care about.
#Discovery channel plus plus#
Outlook: HBO Max and Discovery Plus merger concerns This was reiterated on the WBD Q2 earnings call, as CEO and president David Zaslav stated that one of their three strategic priorities is to operate as one combined company and to be the premiere entertainment company globally. Discovery CEO) Gunnar Wiedenfels at the Deutsche Bank 30th Annual Media, Internet & Telecom Conference, where he said “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." This news first broke when a comment was made by Discovery CFO (now Warner Bros. Discovery see their future as best met with one single streaming service. Why the HBO Max and Discovery Plus merger is happening Latin America will get the new service in the subsequent fall, European markets will get it in early 2024, Asian-Pacific markets in the middle of next year, and then new markets will be served that fall.
#Discovery channel plus series#
The service focuses on factual programming drawn from the libraries of Discovery's main channel brands, as well as original series (including spin-offs of programs from Discovery's television networks), and other acquired content. HBO Max and Discovery Plus merger dateĪ CNBC report, though, said the launch has been pushed up to Spring 2023.Īnd that's been confirmed: Max is coming May 23rd. Discovery+ (pronounced 'Discovery Plus' stylized as discovery+) is an American streaming service owned by Warner Bros. Oh, and there will be another tier that has sports content. There will also be a free third tier, which was referred to with an acronym many have never heard of before: FAST, which stands for "Free Ad-Supported Streaming Television." That tier, which is seemingly coming later, is meant to get people in the door and interested in the product.
Not only will the HBO Max and Discovery Plus service have a premium ad-free entry level, but it will also have an ad-supported plan (which WBD's Q2 Earnings presentation referred to as "ad-lite" as well.
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