During the months-long Hollywood strikes, both the WGA and SAG-AFTRA have managed to win the court of public opinion fairly easily.
As the streaming bubble began to burst, Warner Bros. Discovery’s plan for its streaming service CNN+ crumbled as well. Now, it appears that those plans have been repurposed into a new CNN hub, which will have a home on the company’s streaming service Max.
In a stunning display of not seeing the forest for the trees, yesterday’s Q2 earnings call for Warner Bros. saw the studio remark on the current impact of the ongoing dual strikes by the WGA and SAG-AFTRA.
Warner Bros. Discovery (WBD) reported an increased drop in subscribers since it rebranded its streaming service to Max earlier this year, the company said in its quarterly report on Thursday.
Warner Bros. Discovery
Warner Brothers
New Line Cinema