Some movies and TV shows are being removed from the platform. There are many reasons why it is happening.
The films and series will be taken down by the end of the day. The new service will be called Discovery+ and will be launched in the US in the mid-2023's.
Changes to the content offering will be made as we bring our content catalogs under one platform. The removal of some content from both platforms will be part of the plan.
It may seem odd for the platform to remove a series that was specifically made for it. There are three main reasons why Warner Bros. Discovery is cutting costs.
Back-end payments to cast, crew and writers, based on long-term viewership metrics, are still on the hook for residuals, even after paying for the production.
Executives can cut expenses immediately if they remove these films and shows from the library. The merger of WarnerMedia and Discovery will result in $3 billion in synergies.
According to two people familiar with the matter, the content eliminations will save tens of millions of dollars.
The reason for the cancellation of "Batgirl" isn't the same as the reason for it. The change-of-strategy merger tax benefit allowed for the write-off of incomplete projects. The shows that are on the service are not eligible for that benefit.
Reality TV is one of the things that is being pulled by HBO Max. There is a full list at the end of the story.
Discovery will add almost all of its reality TV to the combined service next year. A number of people from the unscripted division were laid off by the company.
There is a move away from kids and family content. People don't go to the service to watch children's programming. According to people familiar with the matter, "Sesame Street" isn't doing as well as it could. The Not-Too- Late Show with Elmo was removed.
Adult-themed content is skewing toward a male audience. More women watch Discovery's adult-themed reality content. The combined services don't target children. The people said that Warner Bros. Discovery is moving away from the category with its investment budget.
A lot of executives in the streaming industry talk of adiscovery problem. They say that it is difficult to find the best stuff on the internet. The service has a lot of shows that are lost in the shuffle because of the amount of content.
People familiar with the matter say that everything was rarely watched.
With the addition of Discovery+, Warner Bros. is concerned that the show may getbogged down with little-watched films. That could cause viewers to associate the service with having a lot of stuff they don't want to watch.
The problem with traditional pay-TV is not easy to solve. Adding more and more poorly viewed cable networks has ballooned the cost of cable TV. Customers have been rejecting cable TV in large numbers.
Disney has kept Disney+, Disney+ and Disney+ separate because of the risk of having too much content Consumers will pay a lower price for a more tailored experience.
David Zaslav, the CEO of Warner Bros. Discovery, may want to raise the price of a combined HBO Max-Discovery+ offering as other companies have recently increased their prices. Adding a lot of new Discovery + content would help justify the increase.
That's it.
This week, the following series will be taken off the air.
The dates of Christmas are listed.
It was about last night.
King of Atlantis is the title of the comic book.
It's close enough.
The adventure of being in jail.
Do do.
Ellen's next great designer.
There is a man on the planet from Earth.
Esme and Roy are related.
The Fungies are alive and well.
There is a generation of hustle.
Genera +ion.
There is a train.
Ellen is a little girl.
The heroes of pure heart are Mao Mao.
It's messy going to Okido.
There is a magic playground.
The Magiswords are mighty.
Herve and I had a dinner together.
They are my mom and dad.
There is a person named "Odom."
Alright K.O.!, let's be heroes!
The show was hosted by Ollie and Moon.
There is a game called the Ghostly adventures.
The pursuit of happiness was written by the man.
There are Sesame Street specials to choose from.
Make it big or small.
You can share.
It'squish.
There is a summer camp island.
There is a show with Elmo.
The Runaway Bunny is a special song.
The area known as Theodosia.
Tig n'seek.
The uncle and grandpa are related.
Their names are Victor and Valentino.
Yabba Dabba is a dinosaur.
David Zaslav spoke to CNBC about his strategy.
All Rights Reserved © 2024
