Discovery’s streaming plan risks tarnishing HBO’s name
The top brass of the company that has just been recently made is the canning of large films and mass TV shows – regardless of their costs (batgirl) or critical acceptance (Gordita Chronicles) – while the threat of mass layoffs (opened in the new tab) looks gloomy over those who work for to work the streaming division.
The restructuring came when the WBD seeks to cut around $ 3 billion from its operating costs, the savings that should plan to flow back to the making of the content when the ambition-big-in-to-to-people super street super streamer is new to enter 2023.
The platform in question will see the conglomerate combining HBO Max and Discovery Plus properties that exist into a streaming service that includes all that provides “something for everyone in the household”, according to Honcho JB Perrette WBD.
At present, WBD entertainment offers include, among other networks, HBOs, CNN, DC comics, discovery channels, food networks, HGTV, Magnolia networks, Own, TBS and TNT – all of which will be folded into an unnamed streamer, the beginning in 2023.
Sounds good, right? Well, no. In addition to the reduction of the employees mentioned above, the launch of the streaming service will sacrifice HBO Max, which has developed into a prestige programming fortress in two years since it was launched.
Yes, the success of HBO’s main tent – thinking about euphoria and succession – will definitely be dragged to this mysterious new platform, but WBD has expressed explicit desire to reduce the production of script content, and enough to say, consumers are not happy.
As mentioned fluently in the tweet above, WBD’s decision to reduce the problem of original programming for HBO’s reputation, which is widely recognized as a leading premium television producer thanks to critical, commercial, and cultural hits such as Game of Thrones, Chernobyl, The Sopranos, the Band of Brothers , and The Wire.
The upcoming IP-based production including House of the Dragon and The Last of Us TV Show will try to continue the tradition, but where do the new ideas come from? WBD seems to be stupid gambling on the idea that customers will turn to content without manuscripts offered by Discovery Channel, CNN, and TBS when everything comes out of Premium TV to watch.
However, the company seems to be set in a new master plan for streaming. “In the end, uniting all content is the only way we see making this a decent business,” Perrette told analysts. Fair enough, but if HBO wants to remain a TV gold network, WBD must re -assess its commitment (or its shortcomings) to the original programming that drives the boundary.
If not, conglomerates are at risk of experiencing the same criticism that recently leveled on Netflix, which squeezed with films, series, and production of reality that was mass produced had made customers leaked and in the middle of the spiral reputation.
The name HBO was sanctified in the world of small screen entertainment – and Warner Bros. Discovery will be wiser to remember it.