Adam Lenhardt
Senior HTF Member
STATEMENT FROM WARNERMEDIA CEO JOHN STANKEY ANNOUNCING PLANS FOR DIRECT-TO-CONSUMER STREAMING SERVICE
I looked for a thread on this but didn't find one; if there is one, please merge this in.
Former NBC president Kevin Reilly is spearheading the project. The service will be a separate subscription from the recently launched DC Universe streaming service.
They're talking about launching with 42,000 hours of content, much of it until recently licensed to other streaming platforms. HBO's older content will be on the service, and the expectation is that The CW deal with Netflix will not be renewed so all of the Warner shows on that network will instead go to the new service -- including the DC shows like "The Flash" and "Supergirl".
It's also expected that most if not all of Warner's films will be removed from the other subscription streaming services, and made available on the new service.
Warner Bros. Press Release said:October 10, 2018
“Today we announced plans to launch a new direct-to-consumer streaming service in the fourth quarter of 2019. This is another benefit of the AT&T/Time Warner merger, and we are committed to launching a compelling and competitive product that will serve as a complement to our existing businesses and help us to expand our reach by offering a new choice for entertainment with the WarnerMedia collection of films, television series, libraries, documentaries and animation loved by consumers around the world. We expect to create such a compelling product that it will help distributors increase consumer penetration of their current packages and help us successfully reach more customers.”
I looked for a thread on this but didn't find one; if there is one, please merge this in.
Former NBC president Kevin Reilly is spearheading the project. The service will be a separate subscription from the recently launched DC Universe streaming service.
They're talking about launching with 42,000 hours of content, much of it until recently licensed to other streaming platforms. HBO's older content will be on the service, and the expectation is that The CW deal with Netflix will not be renewed so all of the Warner shows on that network will instead go to the new service -- including the DC shows like "The Flash" and "Supergirl".
It's also expected that most if not all of Warner's films will be removed from the other subscription streaming services, and made available on the new service.