Â鶹´«Ã½

Skip to main content

HBO Max and Discovery+ are combining next year

In this Jan. 15, 2020, shows televisions executives at the HBO Max Executive Sessions panel during the HBO TCA 2020 Winter Press Tour at the Langham Huntington in Pasadena, Calif. (Photo by Willy Sanjuan/Invision/AP, File) In this Jan. 15, 2020, shows televisions executives at the HBO Max Executive Sessions panel during the HBO TCA 2020 Winter Press Tour at the Langham Huntington in Pasadena, Calif. (Photo by Willy Sanjuan/Invision/AP, File)
Share

and Discovery+ are finally joining forces.

The long-awaited merger of the two services will debut in the U.S. next summer before being rolled out overseas, announced on Thursday during its second quarter earnings call.

The company did not say if the new offering would have a different name than HBO Max and did not announce pricing for the new service.

Warner Bros. Discovery added that it plans to have 130 million global subscriptions with its streaming offering by 2025.

The announcement that the two services would be combined isn't exactly new. Warner Bros. Discovery, which is also the parent company of CNN, has been open about bringing together its two streaming services since the creation of Warner Bros. Discovery this spring.

However, it's a notable move considering that the service would be a heavy hitter in scripted entertainment with HBO and in the unscripted entertainment realm with Discovery+.

The company said that in the second quarter of 2022, HBO, HBO Max and Discovery+ had a combined 92.1 million subscribers, which is up 1.7 million subscribers from the prior quarter.

The company said that it would announce more information around the service at an investor event it plans before the end of the year.

As for the company's second quarter results, it reported US$9.8 billion in revenue and a substantial loss of US$3.42 billion. The company's stock fell in after hours trading by roughly 12 per cent.

CTVNews.ca Top Stories

W5 INVESTIGATES

W5 INVESTIGATES Jungle crackdown: Shutting down a treacherous narco migrant pipeline

This week, Avery Haines follows migrants' harrowing journeys across the Darien Gap. Strict new rules to stem the flood of migrants through the notorious stretch of dense jungle appear to be working, but advocates fear it could backfire.

A pedestrian has died after reportedly getting struck by an OPP cruiser in Bala early Sunday morning.

British Columbia saw a rare unanimous vote in its legislature in October 2019, when members passed a law adopting the United Nations Declarations on the Rights of Indigenous Peoples, setting out standards including free, prior and informed consent for actions affecting them.

Local Spotlight

A tale about a taxicab hauling gold and sinking through the ice on Larder Lake, Ont., in December 1937 has captivated a man from that town for decades.

When a group of B.C. filmmakers set out on a small fishing boat near Powell River last week, they hoped to capture some video for a documentary on humpback whales. What happened next blew their minds.

A pizza chain in Edmonton claims to have the world's largest deliverable pizza.

Sarah McLachlan is returning to her hometown of Halifax in November.

Wayne MacKay is still playing basketball twice at Mount Allison University at 87 years old.

A man from a small rural Alberta town is making music that makes people laugh.

An Indigenous artist has a buyer-beware warning ahead of Sept. 30, the National Day for Truth and Reconciliation.

Police are looking to the public for help after thieves broke into a Lethbridge ice creamery, stealing from the store.

An ordinary day on the job delivering mail in East Elmwood quickly turned dramatic for Canada Post letter carrier Jared Plourde. A woman on his route was calling out in distress.