The merger of streaming services Discovery+ and HBO Max will be completed next spring
Thanks to CTOnews.com netizen Coje_He for the clue delivery! CTOnews.com, Nov. 7 (Xinhua)-- Warner Bros. Discovery appears to have changed the date of its merger of streaming services as Warner Bros. concluded its third-quarter earnings call.
According to its earnings call, the joint service of HBO Max and Discovery+ will be launched in the United States in the spring of 2023. Initially, Warner Bros. and Discovery planned to launch the service in the summer of 2023.
CTOnews.com learned that the parent companies of HBO Max and Discovery+ announced a merger in April, allowing Warner Bros. and Discovery to create what they call "the most differentiated content portfolio in the world."
Gunnar Wiedenfels, Discovery's chief financial officer, has previously said that some bundled subscription options will be introduced before the two App are merged into a large App, followed by a gradual merger of App.
Warner Bros. Discovery reported third-quarter revenue of $9.8 billion, down 8% from the same period last year. In terms of subscribers, the consortium reported that the number of global subscribers reached 94.9 million in the third quarter, an increase of 2.8 million from the company's 92.1 million subscribers at the end of the second quarter.