Warner Bros. Discovery Channel announced this week that HBO Max and Discovery+ will be combined and relaunched as a single video streaming service.
The as-yet-unnamed platform will launch in the U.S. next summer, according to type(opens in new window)followed by Latin America in fall 2023, Europe in early 2024, Asia Pacific in mid-2024, and other markets by the end of the year.
Last year’s merger of WarnerMedia and Discovery — now known as Warner Bros. Discovery (WBD) — left Discovery+ and HBO Max’s 92 million subscribers wondering what’s next. Rumor has it that the two platforms will join forces against major rivals like Disney+, Netflix and Amazon Prime Video.
CEO David Zaslav confirmed the news during the company’s earnings call on Thursday, tip plan(opens in new window) Get a possible free, ad-supported version of the integrated platform. HBO Max and Discovery+ customers currently pay $14.99/month and $6.99/month for ad-free streaming, respectively, or $9.99/month and $4.99/month for ad-supported viewing.
“At the end of the day, putting everything together is the only way we think it’s going to make it a viable business,” JB Perrette, CEO and president of global streaming and gaming at Warner Bros. Discovery, said on the second-quarter earnings call.
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Zaslav’s post-pandemic approach to filmmaking appears to be focused on theatrical releases of streaming originals, shelving DC Comics films this week batgirl and Scooby-doo! sequel holiday haunt—Both were made exclusively for HBO Max.
Neither WarnerMedia nor Discovery immediately responded to PCMag’s request for comment.
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