04 Aug Warner Bros. Discovery Details New Streaming Plans: U.S. Launch of Combined Service in Summer 2023, Free AVOD Service to Follow [The Hollywood Reporter]
BY ALEX WEPRIN
August 4, 2022 | Warner Bros. Discovery executives outlined the company’s plans in streaming Thursday, revealing that the new global service will launch in the U.S. in summer 2023, with other markets to follow.
CEO David Zaslav also said that, after its new service gains a foothold, the company also plans to launch a free, ad-supported streaming service with some of its content, part of a “diversified approach” to streaming.
“Our streaming strategy has evolved over the last year, and reflects the importance of, rather than the dependence on [streaming],” Zaslav said on the company’s earnings call, adding that the company will roll out its free or “FAST” service, “once our SVOD service is firmly established in the market.”
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