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HBO Max & Discovery+ Set To Combine Into One Streaming Service Following WarnerMedia & Discovery Merger

<p data-pm-slice&equals;"1 1 &lbrack;&rsqb;">&num;Roommates&comma; if your streaming service accounts are piling up and you’re thinking about letting some of them go—HBO Max and Discovery&plus; just made things a little bit easier&period; It was recently confirmed as part of the previously announced merger between WarnerMedia and Discovery&comma; that both <a href&equals;"https&colon;&sol;&sol;dev&period;theshaderoom&period;com&sol;hbo-max-honors-dave-chapelles-request-to-take-chappelles-show-off-streaming-platform-update&sol;">HBO Max and Discovery&plus;<&sol;a> will officially combine into one massive streaming service&period;<&sol;p>&NewLine;<p>&commat;Variety reports&comma; following its <u><a class&equals;"ProsemirrorEditor-link" href&equals;"https&colon;&sol;&sol;variety&period;com&sol;2022&sol;tv&sol;news&sol;hbo-max-discovery-plus-combined-streaming-service-bundle-1235204060&sol;">game-changing merger<&sol;a><&sol;u> with Discovery set to be finalized soon&comma; AT&amp&semi;T’s WarnerMedia has formally confirmed plans to combine its current streaming service Discovery&plus; and WarnerMedia’s HBO Max into one service—instead of two separate media platforms&period; Discovery CFO Gunnar Wiedenfels stated that before the two services are combined&comma; they will first be integrated into a form of bundling as the financial returns of the new merger dictate the best &lpar;and most efficient way&rpar; to merge the two platforms to ensure success&period;<&sol;p>&NewLine;<p>For a bit of breakdown&comma; HBO Max is currently priced at &dollar;9&period;99 for a monthly subscription with ads and &dollar;14&period;99 without ads&comma; resulting in HBO and HBO Max having a global subscription total of 73&period;8 million&period; Meanwhile&comma; Discovery&plus; is &dollar;4&period;99 per month with ads and &dollar;6&period;99 without ads and a count of 22 million subscribers worldwide&period; Speaking about the streaming shake-up and his expectations for the outcome&comma; Wiedenfels said &OpenCurlyDoubleQuote;The combination could not make more sense than what we’re doing here&period; We have HBO Max&comma; with a more premium&comma; male-skewing positioning&comma; and then you’ve got the female-positioning on the Discovery side&period; You’ve got the daily engagement that people enjoy with Discovery content versus sort of the event-driven nature of the HBO Max content&period; Take that together&comma; I have no doubt that we will be creating one of the most complete&comma; sort of four quadrant&comma; old-young-male-female products out there&period;”<&sol;p>&NewLine;<p>Wiedenfel also confirmed that the &dollar;43 billion Discovery&sol;WarnerMedia deal is officially on track to close in the second quarter &lpar;for an expected date between April 11th through April 28th&rpar; following the recent approval earlier this month from Discovery shareholders&period; He also stated that once the combining of HBO Max and Discovery&plus; is complete&comma; users can anticipate &OpenCurlyDoubleQuote;some very nice marketing synergy right out of the gate&period;”<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>Want tea directly in your text inbox&quest; Hit us up at 917-722-8057 or  <u><a class&equals;"ProsemirrorEditor-link" href&equals;"https&colon;&sol;&sol;my&period;community&period;com&sol;theshaderoom">click here to join&excl;<&sol;a><&sol;u><&sol;p>&NewLine; 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Danielle Jennings

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