HBO Max and Discovery+ will be combined into one streaming service package, Discovery’s CFO said at a conference on Monday.
When the merger between Disocvery and WarnerMedia is complete, which is inching closer toward a reality after clearing a big hurdle last week, Discovery CFO Gunnar Wiedenfels said at the Deutsche Bank 30th Annual Media, Internet & Telecom Conference that the company is making preparations to combine the two offerings rather than bundle them.
However that may require some bundling early on and that it may take several months in order to appropriately combine the two.
“One of the most important items here is that we believe in a combined product as opposed to a bundle,” he said (via Variety). “We believe that the breadth and depth of this content offering is going to be a phenomenal consumer value proposition.”
Wiedenfels also added that the $43 billion WarnerMedia and Discovery deal is still expected to close in the second quarter.
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Reference-www.thewrap.com
