'Warner Bros. Discovery Is Planning To Add Live Programming From CNN To The Max Streaming Service Later This Year' - Bloomberg News
Portfolio Pulse from Happy Mohamed
Warner Bros. Discovery Inc. plans to add live programming from CNN to its Max streaming service later this year. The move is aimed at attracting more subscribers. Live news will also be added to the service outside the US.
June 28, 2023 | 3:42 pm
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POSITIVE IMPACT
Warner Bros. Discovery's decision to add live CNN programming to its Max streaming service could potentially attract more subscribers, positively impacting its revenues.
The addition of live CNN programming to Warner Bros. Discovery's Max streaming service could make the platform more appealing to potential subscribers, leading to an increase in subscription numbers and, consequently, revenues. This could have a positive impact on the company's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100