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Setting up a head-to-head battle with Disney in the US direct-to-consumer (DTC) marketplace, WarnerMedia has announced plans to launch a DTC streaming service in the fourth quarter of 2019.
Though few details were revealed, WarnerMedia said the service will offer films, TV series, documentaries and animation from the company’s vast content library.
Disney - Netflix - Amazon - Platform - Apple
Competing with Disney, Netflix, Amazon and perhaps a new platform from Apple, the WarnerMedia service should benefit in marketing and distribution terms from the marketplace clout of telecommunications giant AT&T, which acquired Time Warner (as WarnerMedia was known before the deal went through) earlier this year.
WarnerMedia includes the Warner Bros film studio, HBO and Turner, which itself includes CNN and cable networks TBS and TNT, home to original series such as The Alienist.
Statement - DTC - Plan - WarnerMedia - CEO
In a brief statement confirming the DTC plan, WarnerMedia CEO John Stankey said: “This is another benefit of the AT&T/Time Warner merger, and we are committed to launching a compelling and competitive product that will serve as a complement to our existing businesses and help us to expand...
(Excerpt) Read more at: Screen
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