HBO Max and Discovery+ to Merge into One Streaming Platform Next Year
Following a merger of the two parents companies, HBO Max and Discovery+ will themselves merge into one unified streaming platform next year. This is a much needed development in the crowded and over-saturated streaming landscape.
The merger of Warner Bros. and Discovery has already caused chaos elsewhere in Hollywood. One of the biggest stories in the industry this past week was the decision of the newly combined Warner Bros. Discovery CEO David Zaslav to cancel the upcoming DC superhero film Batgirl. Although the movie was filmed and in the editing and test screening phase, releasing it would have cost tens of millions of dollars in additional marketing costs. Zaslav’s new leadership is focused on fiscal responsibility and cost cutting, and this led him to cancel several projects on Warner’s upcoming slate.
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The latest news, however, is more positive. As reported by Variety, Warner Bros. Discovery’s CEO and president of global streaming and games, J.B. Perrette, has announced that streaming platforms HBO Max and Discovery+ will combine into one single service. The new streaming platform, whose name has not yet been announced, will launch in summer 2023 in the United States, fall 2023 in Latin America, early 2024 in Europe, mid 2024 in Asia Pacific, and fall 2024 in other markets.
It is not yet known what the new service will cost, but Perrette has confirmed that there will be a premium subscription option and a cheaper ad-based plan, with a possible free ad-supported subscription plan being considered for the future. Currently, HBO Max costs $14.99 a month without ads and $9.99 with, while Discovery+ costs $6.99 without ads and $4.99 with. The new streaming platform will
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