The potential tie-up of the cable giants could be announced soon, say reports.
17 May, 2021 - 02:47 PM IST | By indiantelevision.com Team
MUMBAI: In one word. Yes. At least it gives them a chance in hell to play catch up with the well-muscled and well-entrenched rivals like Netflix, Disney, Amazon Prime Video, and Apple TV in the streaming race. While Netflix announced 208 million subscribers worldwide in its latest financial meet with investors, Disney declared that it had roped in 108 million subs in just a year and a half of its existence.
As compared to that, Discovery recently disclosed that it had managed to lasso 15 million subscribers to its streaming business, and Warner Media’s HBO Max revealed its sign-ups at 9.7 million. Combining the two – if all subs stay put – gives a total of around 24.7 million. That’s still an ant-like figure compared to the jumbo numbers of Netflix, Disney, and hey even Amazon Prime. Both continued to concentrate