WarnerMedia Will Be Launching a Streaming Service
According to reports, WarnerMedia will launch a new streaming platform to compete with other streaming services.
CEO of WarnerMedia, John Stankey, has announced plans to join the streaming platform market with WarnerMedia content starting sometime next year.
Today WarnerMedia CEO John Stankey announced plans to launch a new direct-to-consumer streaming service that will bring WarnerMedia content straight to audiences in Q4 2019: https://t.co/a9IhajiWZv pic.twitter.com/qECRVM3QgQ
— WarnerMedia (@WarnerMediaGrp) October 11, 2018
The new service will feature HBO and other premium cable shows and will be priced higher than the HBO Now subscription-which currently stands at $14.99- and won’t be determined until the platform goes to market. While there is no confirmed pricing, we can expect the content to be “competitive” to Netflix and other streaming platforms.
The new platform will be fronted by HBO, with content from additional WarnerMedia brands bundled around that premium cable service https://t.co/vOwnDS8AjP
— Variety (@Variety) October 11, 2018
The company will be keeping all of their in-house content in order to make for a more competitive subscription, much like Disney’s new rival platform. The media company will also be using their additional brands and promises to offer content like no one else can.