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.