Disney and Warner Bros. Discovery made noise earlier this spring when they announced plans to bundle their streaming services Disney+, Hulu and Max, a move that WBD boss David Zaslav called a “moment” for programmers in the streaming wars.
However, don’t expect Netflix to join in. The streamer poured cold water on the idea that it would team up with any of its streaming rivals on bundling in its latest financials. “We haven’t bundled Netflix solely with other streamers like Disney+ or Max because Netflix already operates as a go-to destination for entertainment thanks to the breadth and variety of our slate and superior product experience.
This has driven industry leading penetration, engagement and retention for us, which limits the benefit to Netflix of bundling directly with other streamers,” it noted in a letter to investors.
It’s not hugely surprising given that much of the commentary around the Disney and Warner Bros. Discovery deal was about competing with Netflix, trying to catch up to the company, which revealed today that it has added another 8M subscribers, taking its total to 277M globally.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.