Todd Spangler NY Digital Editor Netflix used to say its goal was to become HBO faster than HBO could become Netflix. Well, Netflix succeeded on that front.
Now Warner Bros. Discovery — in partnership with Disney and others — is looking to recomposite a cable TV-style streaming bundle to gain greater scale before Netflix gets even farther ahead of legacy media companies.
David Zaslav, Warner Bros. Discovery’s CEO, speaking on the company’s Q1 earnings call Thursday, described streaming as “a generational disruption” to the industry.
WBD’s just-announced deal with Disney to introduce a three-way bundle comprising Max, Disney+ and Hulu starting this summer in the U.S.
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