WarnerMedia has announced plans to launch a new streaming service by late 2019, according to a statement released by the company. WarnerMedia is the AT&T division that was formed in June following its acquisition of Time Warner, and contains subsidiaries including Warner Bros. Entertainment, DC Entertainment, HBO, and more.
“This is another benefit of the AT&T/Time Warner merger and we are committed to launching a compelling and competitive product that will serve as a complement to our existing businesses and help us to expand our reach by offering a new choice for entertainment with the WarnerMedia collection of films, television series, libraries, documentaries and animation loved by consumers around the world,” WarnerMedia CEO John Stankey said. “We expect to create such a compelling product that it will help distributors increase consumer penetration of their current packages and help us successfully reach more customers.”
The WarnerMedia library includes DC and Hanna-Barbera properties, Harry Potter, Looney Tunes, The Lord of the Rings and the Lego films, among others. This new streaming service would be in addition to HBO Go and the DC Universe services. There is no word yet on a concrete date or pricing structure for this new streaming option.