The rumors are true: Discovery+ will remain a standalone service ahead of the upcoming consolidation of the smaller streamer and HBO Max.
“For those that have Discovery right now, the churn is very low, and it’s profitable,” Warner Bros. Discovery CEO David Zaslav said during the company’s fourth-quarter earnings call Thursday evening.
While Zaslav acknowledged that many customers would want to move up to the larger product, which would have content from both streamers, some subscribers are satisfied paying $5 to $7 and sticking with Discovery and OWN-type content.
“Our strategy is no sub left behind.