Warner Bros Discovery is splitting into 2 companies (WB/HBO vs Turner/Discovery)

[Turtle]

This won't unload debt though.
That is why it doesn't make sense.

Well, in this case yeah they probably won’t, I think it’s just a failed marketing thing in tbh.

Merging the companies is one thing but merging the streaming services and then purging the streaming content was dumb.

 

[Kunty McPhuck]

I smell 2 separate apps coming.

Might as well call it Discovery Fiction and Discovery Reality

 

[daemonova]

I smell 2 separate apps coming.

Might as well call it Discovery Fiction and Discovery Reality

They won't have the Warner Brothers name

 

[Kunty McPhuck]

They won't have the Warner Brothers name

In the UK We have Discovery Plus app. No mention of WB anywhere on the tin. TNT Sports UK. No Max like Mainland Europe.

The Studio stuff is licensed out to SkyTV.

 

[beenz]

I'm sure they will try to launch another streaming service with cnn/tnt/discovery, that I will NEVER subscribe to.

I've owned shares in AT&T for many years, so back when they spun off warner/discovery a few years ago, I was given shares in the new company. these shares were dogshyt, cuz warner/discovery has so much fukking debt, the stock did nothing but go down. I expect that I will receive shares in this new company of discovery/cnn.

now that TNT will no longer carry NBA games, I have no use for their network anymore.

 

[David_TheMan]

Well, in this case yeah they probably won’t, I think it’s just a failed marketing thing in tbh.

Merging the companies is one thing but merging the streaming services and then purging the streaming content was dumb.

The purging of content is just what you have to do when you renegotiate content licensing.
They had to lock that down properly as to not open themselves up to potential litigation later on, that they were artificially deflating the streaming licensing amount.
You notice all streamers drop content and pick it back up.

 

[Fillerguy]

Splitting up after recently merging? Blatant money laundering.

 

[K-Apps]

 

[Trav]

 

[MushroomX]

They really split it into two? One company has somewhat of a future and the other company now basically a discount Roku channel.

 

[Saysumthinfunnymike]

They really split it into two? One company has somewhat of a future and the other company now basically a discount Roku channel.

The cable networks are still highly profitable but cable is dying and everyone knows it. They are going to drain as much out of the cable networks as they can and hope to sell them off to a company that will in turn let the channels die once cable is no longer viable.

On the other hand, WB Pictures/HBO and all of those properties are worth something for the long haul. The goal there has been a merger.

The split makes perfect sense for what they are trying to do.

 

[daemonova]

The cable networks are still highly profitable but cable is dying and everyone knows it. They are going to drain as much out of the cable networks as they can and hope to sell them off to a company that will in turn let the channels die once cable is no longer viable.

On the other hand, WB Pictures/HBO and all of those properties are worth something for the long haul. The goal there has been a merger.

The split makes perfect sense for what they are trying to do.

 

[wire28]

@daemonova it’s not too late to jump off that sinking ship and join the everlasting Disney empire

 

[wire28]

For what it’s worth - NBC is doing the same. If I hadn’t really started at my current job I probably would’ve interviewed over there with a referral from a friend.

Humble brag about your connections with the biggest corporations in the world while the rest of us broke bytches brag about using our connect to get $2 off chipotle, brehs

 

[daemonova]

@daemonova it’s not too late to jump off that sinking ship and join the everlasting Disney empire

They just paid Universal a grip to get out of Hulu