WarnerMedia to offer $10 ad-supported tier of HBO Max

Business

FILE – In this July 29, 2019 photo an AT&T logo sits above an entrance to a building, in Boston. WarnerMedia is rolling out a $10-a-month ad supported version of its HBO Max streaming service starting in June 2021. AT&T said Monday it will combine its massive WarnerMedia media assets, which includes HBO and CNN, with Discovery Inc. to create a new media company in a $43 billion deal. (AP Photo/Steven Senne, File)

WarnerMedia is rolling out a $10-a-month ad-supported version of its HBO Max streaming service starting in June.

AT&T said Monday it will combine its massive WarnerMedia media assets, which includes HBO and CNN, with Discovery Inc. to create a new media company in a $43 billion deal.

However, the deal isn’t expected to close until mid-2022 and WarnerMedia is still going ahead with plans for HBO Max.

AT&T said earlier this month that there are 44.2 million subscribers to HBO Max and the traditional HBO channel combined in the U.S.

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