The streaming industry’s password-sharing crackdown has claimed its next victim — Warner Bros. Discovery’s (WBD) Max streaming service. The platform formerly known as HBO Max will begin to restrict the practice later this year, with a wider rollout expected in 2025, Yahoo Finance confirmed. The news, first reported by Bloomberg, comes as media companies face pressure from shareholders to scale their streaming services and make them profitable. Streamers can boost their subscribers by… Source link
Read More »Warner Bros. Discovery’s HBO Max retreat ‘a good buy signal for Netflix’: LightShed’s Greenfield
Warner Bros. Discovery’s (WBD) recent HBO Max retreat may signal good things to come for competitor Netflix (NFLX) — at least according to one media analyst. “[WBD] needs to be very focused on driving free cash flow and deleveraging,” Lightshed Partners’ Rich Greenfield told Yahoo Finance Live in a new interview, referencing the company’s reported $3.42 billion loss in the second quarter. “To them, that means embracing theaters and making sure they make as much money on every film,” the… Source link
Read More »