WarnerMedia has decided to withdraw its Netflix – BGR issues



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At a conference in Boston on Tuesday, AT & T CEO Randall Stephenson has just confirmed what many Netflix fans have been dreading for a long time: the broadcast giant could eventually lose some of the broadcasts most popular third parties under license, such as friends, ER, and Office.

Stephenson's company is about to launch its own Netflix rival this year, and it confirmed today that it was expected that parent company AT & T will bring back the licensed programs, such as friends, to offer exclusively on its own streaming platform. "We are going to have to recover a lot of the exceptional content we have that has been sold elsewhere," Stephenson said at the conference. Dallas News.

From AT & T's point of view, the decision to remove what its leaders have described in the past as its "jewel in the crown" is broadcast on various streaming platforms and integrated into its own offering. is obvious. Stephenson pointed out today, for example, that the inventory of Warner Bros.'s television channels. includes some of the most successful shows of all time, including friends, Seinfeld, and The Big Bang Theory.

Some of Netflix's most watched shows include friends and Office, according to data provided by third-party analysis companies, which presumably means a move like this that threatens part of the Netflix audience. A recent report from The Wall Street Journal According to Nielsen data, licensed content from studios such as WarnerMedia "accounted for 72% of minutes spent watching Netflix in October." Netflix, however, rejected this information, pointing out that it was difficult to compare the prices of apples and oranges. the licensed content of the streamer with its original series, as most of them last only a few seasons. While Officefor example, has nine seasons available to broadcast.

Until WarnerMedia's service is launched this year, HBO content will be anchored in the offering and will be complemented by Warner Bros.'s programs and films. and Turner Networks. "This will become an important driver of our growth over the next few years," said AT & T's CEO on Tuesday about the company's future streaming platform, for which no monthly subscription is available. has been announced yet.

Source of image: NBC

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