Warner Bros confirmed plans that HBO Max and Discovery+ will combine into one streaming platform

Warner Bros. Discovery has confirmed it will merge its HBO Max and Discovery+ services into one streaming platform next year.

During a quarterly earnings call on Thursday, CEO David Zaslav said the combined services will be launched next summer, with a release planned for Latin America, Europe and other markets through 2024 as the company hopes to reach 130 million subscribers by 2025.  

The new Subscription Video on Demand (SVOD) service will include the full libraries of both streaming platforms and have ad free, ad-lite and a free-with-ads versions.

‘With respect to streaming, our main priority right now is launching an integrated SVOD service,’ Zaslav said during the call. 

‘Once our SVOD service is firmly established in the market, we see real potential and are exploring the…