Warner Bros Discovery will reveal its plans for a combined discovery plus/HBO Max streaming service on April 12th.
WBD CEO and president David Zaslav made the announcement during the company’s Q4 2022 earnings call.
The company has previously said it intends to combine its two D2C services. However, existing discovery plus subscribers will have the option of keeping the standalone service.
WBD added 9.6 million paid streaming customers in 2022, the company revealed in its Q4 2022 report, ending the year with 96.1 million subscribers across both streaming services.
In comparison, Netflix ended the year with 230 million global subscribers.
“With the major restructuring decisions behind us, this year we are focused on building and growing our businesses for the future, and we’re off to a great start,” said Zaslav.
“We’re seeing strong momentum across the enterprise, including our exciting long-term plans for DC Studios, the historic success of our latest HBO series The Last of Us, the significant financial and operating gains in DTC. We believe we have repositioned our businesses to take full advantage of the many opportunities ahead.”