WarnerMedia credits film strategy as HBO Max nears 10 million subs

WarnerMedia-owned streamer HBO Max is approaching 10 million subscribers as it comes up to one year on the market. The company confirmed that it had added 2.8 million subscribers during the most recent quarter to a total of 9.7 million HBO Max retail subscribers. This is up from 6.9 million at the end of 2020. […]

TBI Tech & Analysis: How Disney & WarnerMedia prepared for streaming wars

  A fortnight ago, TBI Tech & Analysis reflected on the transformative moves into DTC streaming by US studios. Now, Omdia’s senior research manager Tim Westcott provides a potted history of how two of the biggest operators – Disney and WarnerMedia – realigned their operations to take on Netflix. It was only in 2018 that Walt Disney […]

HBO Max to launch in 60 countries by end of 2021, preps baking & Fremantle formats

HBO Max has outlined more details about its global roll-out and upcoming AVOD service while also revealing a new format commission for Fremantle, with the AT&T-owned streamer now predicting it will secure up to 150 million subscribers worldwide by 2025. The streamer, which launched into the hugely competitive US SVOD landscape last year, said it would launch in […]

Sony strikes $1.2bn deal for WarnerMedia’s anime streamer Crunchyroll

Sony has agreed to buy WarnerMedia-owned anime streaming service Crunchyroll in a deal worth almost $1.2bn. The service, which has three million paying subscribers, will be incorporated into Sony’s own anime streamer Funimation following the $1.175bn acquisition, which also includes streaming rights to more than 1,000 anime titles. The sale was first reported in August, when reports emerged […]

Warner Bros. TV Group’s president & chief marketing officer Lisa Gregorian to exit

Warner Bros. Television Group’s president & chief marketing officer Lisa Gregorian has become the latest senior exec to depart amid the major restructuring at WarnerMedia. Gregorian will be leaving the studio at the end of the year, when much of her remit – including marketing – will be taken up by Karen Miller, currently EVP of […]

AT&T completes $1.1bn sale of Nova TV & bTV owner CME

WarnerMedia owner AT&T has completed the $1.1bn sale of its stake in Central European Media Enterprises (CME), the group behind channels including bTV in Bulgaria and TV Nova in the Czech Republic. The deal, first revealed last year, will see Czech private equity firm PPF Group acquiring the majority stake held by AT&T, which had […]

WarnerMedia to cut thousands of jobs as part of cost-reduction plan

WarnerMedia is preparing to shed thousands of jobs as it restructures its operations, amidst the ongoing impact of Covid-19 on its business. The AT&T-owned media giant is looking to cut costs by as much as 20% over the coming weeks, with layoffs affecting its Warner Bros. studio operation and its channels brands, which include HBO, […]

HBO Max snags 4 million subs but WarnerMedia revenues fall 25%

AT&T reported a depressed Q2 with sales down across all of its sectors, but streaming service HBO Max has claimed a little over 4 million subscribers since launch.  The streamer rolled out in May and while the company did not give explicit subscriber numbers, AT&T CEO John Stankey did say that HBO Max and the […]

TBI Tech & Analysis: Breaking down the numbers for 2019/20

2019 might seem like a different world to the Covid-19 dominated landscape we live in today, but the flurry of annual results revealed by US and European majors over recent weeks have provided an illuminating set of insights into how the content business is changing. Tim Westcott and Kia Ling Teoh, analysts at TBI sibling […]

WarnerMedia owner AT&T names John Stankey as CEO

Randall Stephenson is to retire as AT&T CEO and will be replaced by president and chief operating officer John Stankey. Stephenson, aged 60, will step down from the role on July 1 but will remain executive chairman until January to ensure a smooth transition, the company said. AT&T is characterising Stankey’s appointment as the final […]

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