Warner Bros. Big loss from Discovery hints at price hike on HBO Max

You know, this day A Warner Bros. invention It has had to crack down on streaming content, withdrawing several series and canceling more that were set to launch. And during the most recent earnings call, the chairman, David Zaslav, Almost claims the company lost 2.8 million last quarter.

He commented about it:

From our point of view, it is deeply flawed to spend money with complete abandon in the service of building sub no.

Jaslav Protect the removal of content from HBO Max Noting that they learned what doesn’t work and the service gets content that doesn’t work. He reiterated its position Discover WB Against direct-to-stream movies, they say they do nothing for viewership and retention, and that Discover WB Will focus on franchises in future.

The CEO mentioned that things are going to change on a large scale, starting with the issue that they are going to consolidate their platforms into one place. Although this may also have an impact on price hikes. For quite some time they have stuck with one image, as it were NetflixAnd it is clear that prices must rise with inflation.

Through: IGN

Publisher’s Note: Prices will certainly see them increase, although by removing the content, it is likely that not all users will decide to renew the subscription. But we will have to wait to see how everything develops.