Tag: Warner Bros. Discovery
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Warner Bros. Discovery & NBA Settle Lawsuit, Inside The NBA Moving To ESPN & ABC
Warner Bros. Discovery has reportedly reached a settlement with the National Basketball Association (NBA) in a lawsuit over broadcasting rights, ensuring the media giant will continue to be involved with the league for at least the next decade. This agreement ends a legal battle that erupted after the NBA signed new deals with ESPN, NBCUniversal,…
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Warner Bros. Discovery Wants Max to Merger With Other Streaming Services
Warner Bros. Discovery (WBD) CEO David Zaslav has renewed his call for increased consolidation in the streaming industry, arguing that the current fragmented landscape is unsustainable. Speaking at an investor during its earnings call this week, Zaslav emphasized the need for more mergers and acquisitions (M&A) to address the challenges faced by both consumers and…
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Warner Bros. Discovery Hints at Further Price Hikes & More Ads for Max Streaming Service, Citing “Premium Nature” of Product
Warner Bros. Discovery (WBD) executives have signaled that further price increases may be on the horizon for its streaming service, Max. During the company’s recent earnings call, JB Perrette, CEO and President of Global Streaming and Games, suggested that Max has room to raise prices even after two increases in the past two years. Justification…
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Max Sets Record Numbers After Adding 7.2 Million Subscribers in Q3
Warner Bros. Discovery made a giant leap with its Max and Discovery+ streaming platforms during the third quarter of 2024. The company announced in its earnings reports that the platforms added 7.2 million customers worldwide, which increased its total number to 110.5 million. The numbers represent the number of subscribers as of September 30, and…
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Max Could Soon Begin Charging for the B/R Sports Add-On
Streaming sports on Max could come with a monthly fee soon, according to a newsletter from Bloomberg’s Screentime. In October 2023, Max, the WBD streaming platform, introduced the B/R Sports add-on, which houses TNT Sports live sporting events. Since its introduction, the B/R Sports add-on has been free of charge for Max subscribers but there…
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Is the New Free Streaming Service from Warner Bros. Discovery Called “WBTV” Dead? – Ask Luke
It has now been two years since we first learned that Warner Bros. Discovery was looking at launching a free ad-supported streaming service. More recently last year we learned that Warner Bros. Discovery has been planning on launching the ad-free streaming service. Since that announcement, Warner Bros. Discovery has gone dark on the service, focusing…
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Warner Bros. Discovery Lost Over $9 Billion on Its Cable TV Networks
In a sobering second-quarter earnings report released yesterday, Warner Bros. Discovery (WBD) disclosed a massive $9.1 billion write down attributed to its television networks. This write-down means the value of these cable TV networks have lost by over $9 billion in their value. The news shocked some in the media industry, highlighting the ongoing challenges…
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Max Refreshes Homepage Personalization System: Here’s Everything We Know
If you’re subscribed to Max then you probably have noticed that your homepage looks differently once you open the app and that’s by design. Since December 2023, Warner Bros. Discover has been launching a new homepage personalization system, and now, it has been implemented to all adult subscribers’ profiles across the US, according to a…
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Max, truTV, & TNT Are Adding More Live College Sporting Events
This week Warner Bros. Discovery has gone all in on getting new sporting TV rights as it announced multiple deals with different college conferences to air games on Max, truTV, TBS, and TNT. The most recent deal sees the Big East conferences men’s and women’s college basketball games moving to TNT, TBS, truTV, and Max.…
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The Website For The New FOX, Disney, & Warner Bros. Discovery Sports Streaming Service Is Owned By FOX
For months, we have been waiting for news on Walt Disney’s ESPN, Fox, and Warner Bros. Discovery announced a new streaming bundle that will offer 16 live sports channels and none of the non-sports-related channels. Earlier today, the joint venture announced the name of the new joint venture service. For months, rumored names have been…