WarnerMedia Wants To Launch A New Streaming App In Late 2019

Lots of media companies are copying Hulu and Netflix by providing their own streaming apps for people to buy. Now another company wants to join the market as WarnerMedia announced its plans for its own streaming service app today.

As announced by Variety, this new streaming service from WarnerMedia will be competing in the same markets as Netflix, Hulu, Amazon Prime Video and Disney's own streaming service.

Presumably, WarnerMedia will have its own huge library of movies and TV shows that it could bring to the table.

WarnerMedia CEO John Stankey talked more about the service earlier today. You can read his comments on the matter posted down below.

"Today we announced plans to launch a new direct-to-consumer streaming service 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. 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 customer"

Next year will be somewhat of a headache for consumers because they will have to pick and choose which streaming apps that they want to pay and which ones they will leave out.

Sure Netflix is the current most popular app, but Disney and WarnerMedia wants a slice of the market now.

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