WarnerMedia May Pull Licensed Content from Rival SVOD Services
Will this make up for the end of Game of Thrones?
It is every man for himself. When WarnerMedia launches its own streaming video subscription service later this year, it is likely to retain – or regain – licensing rights to popular shows like Friends and Seinfeld that were previously licensed to rival services, says the Hollywood Reporter. AT&T’s purchase of Time Warner for $85 billion last year gives the company’s entertainment division, now called Warner Media and run by Bob Greenblatt, a vast range of existing content to choose from.
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