WarnerMedia and Discovery Merged Under One Roof

The demand for broadcasting services broadcasting over the Internet continues to increase day by day. This situation naturally occurs with both broadcasting services and traditional media between broadcast services among themselves leads to increased competition.

The latest news about this race is WarnerMedia and Discovery has happened between them. According to new information, these two main companies, to which HBO Max and Discovery Plus are affiliated, “the most diverse content portfolio in the world” announces that they have formally merged to form

WarnerMedia and Discovery under one roof

WarnerMedia and Discovery announced last year on behalf of streaming services on this new collaboration that was then under development. “will be able to invest in more original content, develop programming options in global linear pay TV and broadcast channels, and innovative video experiences and consumer choices able to offer had used the words. Today, investors believe that WarnerMedia and Discovery ‘Warner Bros. Discovery’ announced the approval of the multi-billion dollar deal that will enable it to establish a new platform under its name.

Marking an important time of change for WarnerMedia, this new company is chairman and CEO of Discovery. David Zaslav While it is stated that it will be managed by; Bring Discovery more in the broadcast and studio space. a tough competitor This agreement is expected to be a brand new alternative for the consumer.

That said, HBO Max and Discovery Plus are expected to merge into a single service at some point. In this way, WarnerMedia’s popular and valuable story content library, Discovery’s global footprint, a wealth of local language content, and deep regional expertise in over 200 countries and regions. with the merger for both companies A much more advantageous period begins. Experts say that this agreement is extremely logical and has a high potential for success.

Is a new streaming platform like Netflix coming?

Of course, the broadcast content of which both companies are experts is basically very different It is also quite remarkable. euphoria Opposite HBO, known for popular TV shows like Discovery’s non-fiction documentary The fact that it is famous for its content arouses curiosity about what kind of broadcasting platform will emerge. This, of course, is due to Discovery. Netflix It gives the advantage of having a content portfolio suitable for almost everyone.

In addition, there is also the fact that mega-mergers like those between WarnerMedia and Discovery actually deliver to consumers at the end of the day. how much benefit has a question. Packaging and rebranding is a huge market in theory, giving consumers more choice. In practice, it seems that we will have to wait a little longer to talk about how this scenario will give viewers an advantage considering the increasing competitors such as Netflix, Disney Plus and Amazon Prime Video.