Warner Bros. Discovery’s plans to merge streaming services HBO Max and Discovery Plus in the U.S. is likely to be adopted overseas, and a clearer picture is emerging of what the platform will look …
Discussing the global plans for the combined company, Wiedenfels said that both companies’ “international footprints are actually quite nicely complementary.”
“This BT Sports joint venture is a great example because it really creates an opportunity for upsides, getting us access to important Champions League rights in the U.K. and will create significant upside opportunity for a combined sports and Discovery Plus package at a time when HBO Max is still encumbered by long-term licensing deals,” said Wiedenfels.
Wiedenfels also highlighted the competitive SOVD subscription prices in certain international markets. Continued Wiedenfels: “So our vantage point here could not be better because we are covering virtually every key territory globally. And what’s going to be very, very important for competing in these markets is that we have been producing local content across the entertainment scripted, non-scripted, news, sports for many, many years. So we’re really getting a head start there when it comes to sort of expanding and ramping those capabilities.
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