Warner Media (ATT/Time Warner/HBO) to launch streaming service

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Stankey said WarnerMedia would launch a streaming service that would draw from the media company’s broad collection of films, television shows, animation and its library. This new OTT offering would augment the media company’s other streaming services, like HBO Now.

...“HBO is one of the best values in the market right now,” he asserted. “Clearly what we want to do here is we want to ensure what we’re offering on a combined basis is compelling.”
He added, “The combined offer will not look like anything out there. … Our job isn’t to build another Netflix. Our job is to build a compelling content” offering.

...Stankey declined to provide details about the pricing, other than to note that, “by default,” it would be more expensive than HBO.

...Last month, WarnerMedia launched DC Universe, a $9 a month site for comic-book fans, which will feature streaming series like Titans and others derived from the DC library.

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They charge $9 a month for the DC service?! I thought building something around HBO might make it have a chance but if HBO is $15 and DC is $9, are they planning on a $35+ a month service for HBO/DC and all of the other Warner content? I can't wait for failure induced consolidation to start hitting this industry.