WarnerMedia Scraps Plan For a Three-Tiered Streaming Service, To Package HBO, Cinemax and its Library Into One Offering For $16 to $17 a Month

AT&T's WarnerMedia has abandoned its plan for a three-tiered streaming service and instead will likely package HBO, sister channel Cinemax and the vast library of Warner Bros TV shows and movies into one offering at a price of between $16 and $17 a month, WSJ reported on Thursday, citing people familiar with the matter. From the report: The subscription service will debut in 'beta' form later this year, the people said and is expected to be fully up and running as early as next March, according to one of them. WarnerMedia is also considering rolling out an ad-supported version of the streaming service -- at a cheaper price -- later in 2020, they said. It is unclear what the content makeup of that version would be. Further down the road, WarnerMedia could add an additional premium option for people to watch live events or sports, one of the people said.

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