HBO Max will be merged with Discovery+ next summer
Rumors that things are going “not so well” at HBO Max began to appear on the Internet the other day, at the same time as news about the cancellation of several high-profile projects that were at various stages of preparation – for example, the film Batgirl, the filming of which had already been completed (and on which they had spent $90 million).
And yesterday they received confirmation: David Zaslav, head of Warner Bros. Discovery announced during the quarterly earnings report that HBO Max will be combined with the company’s other service, Discovery+.
The name of the new platform has not yet been disclosed, it is only known that it will launch in the US in the summer of 2023, in other regions in 2024. Currently, the combined audience of both services, HBO Max and Discovery+, is 92 million subscribers, Warner Bros. Discovery plans that the new service will reach the mark of 130 million in 2025.
If the company’s name sounds a little unusual, that’s because WarnerMedia and Discovery, in turn, merged in May of this year. At the same time, David Zaslav (the CEO of Discovery at the time) promised to save about $3 billion in the first two years of the new company’s operation. And now we seem to be seeing how he is going to fulfill his promise.