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?Succession? Meets ?90 Day Fianc?? in WarnerMedia-Discovery Deal


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Positivity     48.00%   
   Negativity   52.00%
The New York Times
SOURCE: https://www.nytimes.com/2021/05/17/business/warnermedia-group-discovery-merger.html
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Summary

studios, CNN, TNT, TBS and several other cable networks with a host of reality-based cable channels from Discovery such as Oprah Winfrey’s OWN, HGTV, the Food Network and Animal Planet.But it raises numerous questions about what that will mean for popular shows and streaming platforms, whether entertainment bills will go up or down, or what will happen to the people working at WarnerMedia and Discovery.WarnerMedia is known for producing some of the industry’s biggest theatrical and television hits.HBO last year captured more Emmys than any other network, studio or platform, and its hit shows include “Succession,” “Curb Your Enthusiasm” and “Last Week Tonight With John Oliver.” It also has a huge library that includes “The Sopranos,” “Game of Thrones” and “Sex and the City.”The Warner Bros. David Zaslav, the chief executive of Discovery, who will run the new business, said on Monday that he envisioned hundreds of millions of subscribers around the world, but that will be tough as Netflix and Disney invest in new shows of their own to keep a grip on the market.It’s likely the new company will take a page from Disney’s playbook and offer a bundle of streaming services at a discount.

As said here by BY EDMUND LEE AND JOHN KOBLIN