In an earnings call earlier this month, Warner Bros Discovery announced that it would combine its Discovery+ and HBO Max streaming services, in a move that has far-reaching implications.
Warner Bros Discovery was formed after AT&T spun off Warner Media and merged it with Discovery in April this year. In recent months, its CEO and president David Zaslav has instituted a slew of changes, and their effects are being felt globally, including in India.
The biggest impact here is the decision to go slow on the launch of the HBO Max platform in India. Three people in the know told The CapTable that the launch had been deferred until at least the end of 2024.
That decision has left those managing HBO Max India in the lurch. Less than a year after the Mumbai-based team began laying the groundwork for the service, Warner Bros Discovery has put the project on hold, the sources added.
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