• HBO Max and Discovery Plus To Merge Into One Streaming Giant

    12 days ago - By Hypebeast

    Warner Bros. Discovery will merge HBO Max and Discovery Plus into one larger streaming service, CEO David Zaslav confirmed in a second-quarter earnings call on Thursday via Variety. The media giant has not yet disclosed the name of the new platform, though it did set a launch date in the U.S. for next summer. “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,” Discovery CFO Gunnar Wiedenfels said in a statement to the...
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  • Warner Bros. Discovery CEO Defends Axing ‘Batgirl': ‘We're Not Going to Put a Movie Out Unless We Believe In It'

    Warner Bros. Discovery CEO Defends Axing ‘Batgirl': ‘We're Not Going to Put a Movie Out Unless We Believe In It'

    12 days ago - By Variety

    Warner Bros. Discovery CEO David Zaslav addressed the company's controversial decision this week to cancel releases for “Batgirl” and “Scoob!: Holiday Haunt,” during the company's Q2 earnings call on Thursday. “We're not going to launch a movie until it's ready,” Zaslav said during the Q&A portion of the call. “We're not going to launch a movie...
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  • Warner Bros. Discovery Sees Q2 Loss on Content Expenses, Merger Costs

    12 days ago - By Variety

    Combining the former WarnerMedia with the company once know as Discovery Communications took a lot of work. Executives at the newly combined Warner Bros. Discovery can't rest yet. The New York owner of HBO, Food Network and TNT said it saw a loss in the second quarter due to more than $1 billion in restructuring...
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