Disney, Warner Bros. to bundle streaming services
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 9 May 2024
⏱️ 5 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | Good morning, today is Thursday, May 9th. I'm Julie Morgan. |
| 0:12.0 | Disney and Warner Brothers Discovery are May 9th, I'm Julie Morgan. |
| 0:12.6 | Disney and Warner Brothers Discovery are teaming up. |
| 0:16.2 | It's time to say goodbye to the Malibu, |
| 0:19.0 | and Neo is launching a whole new brand. Disney and Warner Brothers Discovery will bundle their Disney Plus Hulu and Mac streaming services similar to traditional cable TV packages. |
| 0:32.0 | Disney Plus said the bundle is expected to be out this summer and will be offered as both |
| 0:36.7 | an ad supported and ad free plan. |
| 0:39.6 | However, they did not release the price. |
| 0:42.1 | More details on the bundle offer will be shared at a later date. |
| 0:45.9 | A person familiar with the matter told CNBC that the option would be offered at a discount. |
| 0:51.7 | Disney will serve as the distributor, |
| 0:54.2 | collecting membership payments from customers |
| 0:56.8 | and giving Warner Brothers a cut. |
| 0:58.8 | ABC, CNN Discovery Food Network, |
| 1:02.2 | HBO, and other brands will be part of the bundle. |
| 1:05.0 | After a 60 year run, General Motors is saying goodbye to the Chevy |
| 1:11.0 | Malibu to make room for more EVs and hybrids. |
| 1:14.8 | The company said Wednesday it will end production of the vehicle in November. |
| 1:19.5 | GM will then invest $390 million to retool its Kansas City plant to build the next generation |
| 1:26.7 | of the Chevy Bolt TV and resume production of the Cadillac XT4 on the same production line. |
| 1:34.0 | With the Malibu and Camaro gone, |
... |
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