As you know, these days Warner Bros Discovery has had to take action on the matter regarding its streaming content, withdrawing several series and canceling some others that were about to be launched. And during the most recent earnings call, the chairman, David Zaslav, almost claims that the company lost 2.8 million in the last quarter.
This is what he commented on it:
From our point of view, spending money with total abandon in the service of building subnumbers is deeply flawed.
Zaslav defended the removal of content from hbo max mentioning that they have learned what does not work and that the service gets the content that does not work. He reiterated the position of WB Discovery against direct-to-stream movies, saying they do next to nothing for viewership and retention, and that WB Discovery will focus on franchises in the future.
The CEO mentions that things are going to change on a large scale, that starts with the issue that they are going to merge their platforms to have everything in one place. Although this could also have the impact of a price increase. For quite some time they have stuck with one figure, just as it did Netflixand it is evident that with inflation the price must grow.
Via: IGN
Publisher’s note: Prices will surely see their increase, although by removing the content, it is likely that not all users will decide to renew the subscription. But we will have to wait to see how everything develops.
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