There seems to be a glut of new streaming services and WarnerMedia will enter into the fray by the end of next year. On October 10, 2018, WarnerMedia, the division of AT&T that includes HBO, announced plans for the new service. It is a potential rival to Netflix, Amazon Prime Video and Disney's upcoming new venture, Disney+. It will build on the strength of HBO.
WarnerMedia's CEO, John Stankey. made the following statement in an internal memo: "Our service will start with HBO and the genre defining programming that viewers crave. On top of that we will package content from Turner and Warner Bros. with their deep brand connections that tough both diverse interests and mass audiences."
Details of the pricing and the name of WarnerMedia's new service will be announced later.
Source: Brian Stelter, CNN Business
2. WWE Network
6. Amazon Prime Video
7. DC Universe
Netflix's chief content officer, Ted Sarados, has played down looming threats from Dsney+ and WarnerMedia. He says he doesn't think that his company will lose ground due to the imminent launch of new streaming video services from large media companies. In a December 3, 2018 speech at UBS's 2918 Global Media and Communications Conference in New York, Sarados stated, "I don't think they'll be to the detriment of Netflix . . . I think there's plenty of room in this business for other players to be successful." He pointed out that when Netflix ventured into original programming seven years ago, starting with House of Cards, it "was a sure bet that studios and movie companies would likely move in to launch their own direct-to-consumer VOD (video on demand) offerings."