The AT&T-owned media company is looking to launch the still-unnamed WarnerMedia subscription VOD service at a price point of $16-$17 per month and is likely to bundle together HBO and Cinemax along with Warner Bros.
The service is expected to roll out a beta version at the end of this year, with a full launch in 2020, which the WSJ says could come as early as March.More news: Nicole Curran Photos, News and Videos
There had been some talk in the past of the WarnerMedia service launching with three tiers: A movie-focused package, a package with original programming and movies, and a package with the first two as well as older content.
Streaming services aren't a new thing, but the competition has been heating up only recently as companies like Netflix, Spotify and Sony report massive earnings. TV shows and movies, according to a Wall Street Journal report citing anonymous sources. According to the report those plans have been scrapped and it will now be the single package offer. The WSJ adds that pricing and content for the service are still fluid and it remains to be seen what role the DC Comics-branded DC Universe will have within the larger WarnerMedia offering. WarnerMedia executives are reportedly slated to meet next week to discuss details.More news: Uber announces helicopter booking service
AT&T didn't immediately respond to a request for comment. Cinemax costs $12.99. Getting both of those and the WB catalog for $16 could be alluring to a lot of people, it all depends how much consumers are ready to spend per month on different streaming services. WarnerMedia is also said to be mulling an ad-supported tier that will debut sometime in 2020.More news: US Scrambles To Find Alternatives For Chinese Rare Earth Metals