Warner Bros. Discovery is moving aggressively into the free streaming, or FAST space, after removing a glut of titles from HBO Max
Gordita Chronicles, Love Life, Made For Love, The Garcias, which have been canceled, are reverting to the producers and studios behind them. The company said that it is speaking with studio partners about opportunities to “further expand the reach of the shows, including but not limited to licensing the series to third-party FAST platforms”.
However, sources have noted that these companies, including the likes of Lionsgate, are free to do what they wish with these shows, including sell to rival pay streamers. Warner Bros Discovery also noted that it will reveal additional details of its “own long-term WBD FAST offering in 2023.”and the remarkable work of our cast and crew. We are excited to have the opportunity to welcome a whole new audience to our show.”. In an SEC filing Wednesday, it noted that this has gone up from up to $2.5 billion to $3.5 billion, with restructuring and impairment charges related to the WarnerMedia-Discovery merger now costing up to $5.3 billion.
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