HBO Max halts original productions across large parts of Europe
has reported. The streaming service confirmed that it will no longer produce originals in Denmark, Sweden, Norway, Finland, Central Europe, the Netherlands and Turkey, leaving only Spain and France untouched. The news is part of a plan from parent Warner Bros. Discovery to cut some $3 billion in costs following its"We are reviewing our current content proposition on the existing services," a spokesperson told Variety in a statement.
Streaming content production has been a bright spot in Europe, as Netflix and other platforms have hit the required in major markets there. HBO Max's announcement may put a damper on that, though, as"redundancies are likely across [HBO Max's] European business,"More ominously,"similar decision-making for HBO Max is currently taking place in all territories where the streamer operates, which spans the U.S., Latin America and parts of Europe," it added.
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