If your budget is stretched thinly because of the number of streaming services that you violate, you might be lucky. Warner Bros. Parent Company. Discovery announced some big news related to HBO Max and Discovery+ in their second quarter income call. The platform is regulated to join, and it has some quite large knock-on effects for customers.
HBO MAX was originally launched in May 2020 and added a second subscription rate about a year later in June 2021. Streaming services have advertising options for $ 14.99 per month and cheaper options with advertisements for $ 9.99 per month. This platform has become home to high ranked HBO performances from previous years – like “The Sopranos,” “The Wire,” and “Game of Thrones.” HBO Max also produced several successful original, including “The Sex Lives of College Girls,” “Tokyo Vice,” and “Pursuit of Ravi Patel’s happiness.” Along with their own performances, HBO won several very successful performances from other platforms. “South Park” Comedy Central has previously been displayed as a whole on Netflix and upstream at various points. Now found a house on HBO Max.
If your deepest desire involves watching Guy Fieri filling it with strange food, oil-coated, or you really like the BBC Nature documentary, then there is a possibility you already have Discovery+. Subsants of documentary-centric streaming platforms start from only $ 4.99, and it will make you access business reality shows and hobbies such as “American Chopper,” “Deadliest Catch,” and “Diners, Drive-Ins and Dispting.”
Merger planned for next year
Warner Brothers announced that the platform was scheduled to join several points during the summer next year. However, the focus of customers is not a reason behind moving. According to Variety, the CEO and president of global streaming and games for Warner Bros. Discovery JB Perette said the merger was the only route that Warner Brothers could see “to make this a decent business.” CEO hopes that the merger will produce a platform that offers “something for everyone in the household,” and that various subscription options will make new services stand out in the streaming market that is very crowded.
There are many streaming services around today. Besides HBO Max and Discovery+, there are such as Netflix, Upstream, Paramount, Disney+, Apple TV+, and Amazon Prime Video. The swollen market has a knock-on effect for a company that seems uncounted for a few moments ago. Netflix, a service that can start a trend, see the tank of its stock price is very large during the first half of 2022 and has been chosen as one of the worst performances this year.
Despite being one of the more ranked services, HBO Max has taken action to increase the number of customers over the past few months. Last year saw the launch of their cheaper service subsidized by advertising income. The company also offers advertising -free services for half a few months in an effort to roll new users. Although this is a standard practice for many services, it can also suggest that the service does not perform as good as Warner Brothers which was originally expected.