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78°
Thursday, jun 18
Tag:
David Zaslav
Business
HBO Max Raising Prices As Warner Bros. Discovery Explores Sale
HBO Max is raising its subscription costs as the latest streaming service to implement price hikes. Warner Bros. Discovery announced that the HBO Max Basic with Ads plan will rise to $10.99 per month or $109.99 per year. The Standard plan will climb to $18.49 per month or $184.99 per year, while the Premium plan will cost $22.99 per month or $229.99 per year. The higher prices go into effect for new subscribers on Tuesday, Oct. 21. Current customers will pay the higher prices after their next billing cycle on or after Thursday, Nov. 20. Each increase adds between $1 and $2 month…
Business
Warner Bros. Discovery Unveils Major Split: What It Means For Streaming, Sports Fans
Warner Bros. Discovery will split into two publicly traded companies in the latest move to adapt to the rapidly changing streaming industry. The entertainment giant behind CNN, HBO, TBS, and TNT announced the split in a news release on Monday, June 9. Warner Bros. Discovery will separate into two companies, Streaming & Studios and Global Networks, through a tax-free transaction. CEO David Zaslav will lead the Streaming & Studios company. Chief financial officer Gunnar Wiedenfels will become CEO of Global Networks. Executives said the move will give each business the …
Business
HBO Max Returns: Here's Why Max Is Reviving Its Old Name
The digital home of hit shows like "White Lotus," "The Pitt," and "The Rehearsal" is going back to its old name. The streaming platform Max will be called "HBO Max" once again, Warner Bros. Discovery announced on Wednesday, May 14. The change is expected to happen in the summer, although an exact date remains unclear. The return to the HBO Max branding comes as the app tries to focus on high-quality programming, separating it from competitors with larger libraries. "The powerful growth we have seen in our global streaming service is built around the quality of our programming," s…