WarnerMedia Plans Direct-to-Consumer Streaming Service

WarnerMedia CEO John Stankey has revealed plans for a direct-to-consumer streaming service, coming in the fourth quarter of 2019.

“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,” Stankey said.

He added: “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.”