The new date is August 4, 2022.

The merging of WarnerMedia and Discovery brought the two streaming platforms under the same roof.

In this photo, illustration the logo of Discovery is displayed on computer screen and the logo of Warner Bros. is displayed on phone screen in front of it.

The logo of Discovery is displayed on a computer screen.

Anadolu Agency via Getty Images

On the company's second-quarter earnings call, Zaslav said that the company plans to create an integrated video on demand service.

The service will launch in the US in the summer of 2019.

There will be a free tier for viewers.

Zaslav said that the company would embrace film releases in theaters instead of making them available on streaming platforms and on-demand at the same time.

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93 million. An increase of 1.7 million subscribers was reported by the company in the second quarter. Disney has over 205 million subscribers on its platforms, including Disney+, which has over 20 million.

Key Background

WarnerMedia, which was previously owned by AT&T, was bought by Discovery. In just three months, Zaslav has made several sweeping changes to the company, like axing CNN+ only a month after it launched and pulling the plug on Batgirl. Zaslav and other executives have said before that they intended to combine the two services into one. Zaslav presented it as part of the company's strategy to "maximize" and "monetize" its content to as wide of an audience as possible. Ahead of the earnings call, there were rumors of restructuring. Some CNN content will be available on Discovery+, while some Discovery+ content will be available on HBO Max.

Warner Bros. plans to restructure as Discovery and HBO swap content.

Warner Bros. has a movie called 'Batgirl.'

CNN will shut down after a month.